Kuwait – Mubasher: National Investments Co. said on Thursday that Capital Markets Authority (CMA) approved merging Al Waseet Financial Business and Al Seef Brokerage.
The approval is based on both companies' commitment to the controls determined by the authority, according to a bourse filing.
On 10 November, National Investment announced that its extraordinary general meeting agreed on the merger.
The stock ended Thursday losing 1.02% to 97 Kuwaiti fils through trading 1.05 million shares at a value of KWD 102,820.
