Kuwait Capital Markets Authority issued a decision granting National Investment Company a private marketing licence to offer shares in VALUE-ADD FUND 1A IC LIMITED, a collective investment scheme established in Guernsey, to investors in Kuwait. The licence permits the private marketing of 75,000 shares at an offer price of EUR 1,000 per share, plus a one-off subscription commission of up to 2.25% of the invested amount. Marketing is restricted to professional clients as defined in Book One (Definitions) of the executive bylaws of Law No. 7 of 2010, with subscription requests to be received by National Investment Company and National Bank of Kuwait. The marketing licence runs for one year from the date the Authority issues the licensing certificate, after payment of the prescribed fees. Fees must be paid within one month of the decision; failure to pay within this period renders the decision void.
Kuwait Capital Markets Authority 2026-03-03
Kuwait Capital Markets Authority grants National Investment Company a one-year licence to privately market Value-Add Fund 1A IC Limited in Kuwait
The Kuwait Capital Markets Authority has granted National Investment Company a private marketing licence to offer shares in VALUE-ADD FUND 1A IC LIMITED to professional clients in Kuwait. The licence allows the marketing of 75,000 shares at EUR 1,000 each, with a subscription commission of up to 2.25%. The licence is valid for one year, contingent on fee payment within one month.