The Kuwait Capital Markets Authority has authorized Kuwait Financial Centre Company to privately market 45,000 shares in Cayman Islands-established MKZ Development 47 Company within Kuwait. The shares may be offered only to professional clients at USD 1,000 per share. Kuwait Financial Centre 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 prescribed fees, which must be paid within one month or the decision will be deemed void.
2026-09-02Kuwait Capital Markets Authority
Kuwait Capital Markets Authority licenses Kuwait Financial Centre to privately market 45,000 MKZ Development 47 shares
The Kuwait Capital Markets Authority has authorized Kuwait Financial Centre Company to privately market 45,000 MKZ Development 47 shares in Kuwait at USD 1,000 per share. The offer is restricted to professional clients, and the license will run for one year after certification and payment of the prescribed fees.