The Kuwait Capital Markets Authority has authorized Kuwait Family Office Investment Consultancy Company W.L.L. to market privately in Kuwait 54,716 shares in Shari’ah Evergreen Leasing Fund SP, a Cayman Islands segregated portfolio of Shari’ah Master Opportunities Fund SPC. The offering is restricted to professional clients, with shares priced at the applicable net asset value on the relevant subscription date. Kuwait Family Office Investment Consultancy Company will receive subscription applications. The marketing license will run for one year from the issuance of the authority’s license certificate after payment of the required fees. Those fees must be paid within one month of the decision or the authorization will be deemed void.
Kuwait Capital Markets Authority licenses private marketing of 54,716 shares in Cayman Islands Shari’ah leasing fund
The Kuwait Capital Markets Authority has authorized the private marketing of 54,716 shares in Shari’ah Evergreen Leasing Fund SP to professional clients in Kuwait. Shares will be offered at the applicable net asset value, and the one-year license will begin after certification and payment of the required fees.