CmaBoardReleases
Back to Search
Title: Resolution No. (160) of 2025 Regarding Granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to Ahli Capital Investment Company to Market the Shares of IVC HS Digital I Add-On Syndication Limited Company
Date Publish
26 August 2025
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and amendments thereto; and
- The Memorandum and Articles of Association of Ahli Capital Investment Company, and the agreement between the representative of the collective investment scheme which is INVESTCORP ASSET ADVISORY SERVICES LIMITED and the marketing manager Ahli Capital Investment Company; and
- The application of Ahli Capital Investment Company to conduct a private marketing for the shares of IVC HS Digital I Add-On Syndication Limited Company; and
- Based on Resolution No. (04) of 2025 regarding amending the approval authorizations of the Supervision Sector’s procedures issued on 12/01/2025.
The Following Was Resolved
Article (1)
Ahli Capital Investment Company is hereby licensed to market 910 shares (nine hundred and ten shares only) of IVC HS Digital I Add-On Syndication Limited Company as a private marketing in the State of Kuwait. It is incorporated in the Cayman Islands. The offering price shall be USD 100,000 per share (One hundred thousand US Dollars only), in addition to a 3.0% subscription fee of the of the investor’s commitment to investment.
Article (2)
The marketed shares shall be offered only for professional clients in the State of Kuwait according to Module One (Glossary) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments.
The party receiving the subscription applications is the following:
- Ahli Capital Investment Company.
Article (3)
The objectives of the Collective Investment Scheme are as mentioned in the prospectus.
Article (4)
The marketing license term is one year renewable annually from the issuance date of the CMA’s license, and after paying the prescribed fees.
Article (5)
The prescribed fees shall be paid within one month from the date of issuance of this Resolution. In case of default, this Resolution shall be considered null and void.
Article (6)
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.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 26/08/2025.
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
We use cookies to ensure you get the best experience on our website.