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KWD 56 Million Private Deals (30% of a Listed Stock) on Boursa

Al-Hossam Legal successfully concluded 8 private transactions on Boursa Kuwait over a 30% of a stock listed in the Premier Market of Boursa Kuwait. The “Premier Market” is the flagship of the Boursa Kuwait markets, targeting companies with high liquidity and a medium to big market capitalization. Boursa Rules allow for certain exceptions from trading public shares on the trading platform of Boursa so that a “transfer” mechanics can be employed without offering the shares to the “public”. Boursa has facilitated the procedures to conclude the 8 transactions in one day. Al-Hossam Legal acted for all parties of the transactions, assisted with the hard negotiation, drafted all agreements and procedurals deeds, corporate authorizations and pre and post public disclosures. Al-Hossam Legal managed the full process with Boursa Kuwait. 

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