CmaBoardReleases
Title: Resolution No. (164) of 2024 Regarding Correction of Resolution No. (104) of 2024 Regarding The Development of the Mechanism of Participation in the General Assemblies of Companies Listed on Boursa Kuwait Securities Exchange (Second Phase)
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- Resolution No. (104) of 2024 Regarding The Development of the Mechanism of Participation in the General Assemblies of Companies Listed on Boursa Kuwait Securities Exchange (Second Phase) issued on 18/08/2024; and
- CMA Board of Commissioners Resolution passed in its meeting No. (39) of 2024 held on 18/12/2024.
The Following Was Resolved
Article (1)
Module One (Glossary) of the Executive Bylaws of the Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to Annex 1 attached to this Resolution.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Prof. Ahmad Al-Melhem
Issued on: 22/12/2024
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