The National Bank of Kuwait - Egypt announced that the Board of Directors will meet on August 10, to discuss the progress of the procedures for calling the extraordinary general assembly to consider the optional delisting.
The bank stated in a statement to the Egyptian Stock Exchange, yesterday, Monday, that this was based on the desire of shareholders owning more than 94% of its total shares to voluntarily delist the bank from the stock exchange.< /p>
The bank's capital is about 1.5 billion pounds, divided into 150 million shares, with a nominal value of 10 pounds per share.
The National Bank of Kuwait - Egypt is a public company listed on the Egyptian Stock Exchange since September 1994. It operates in the banking sector with a focus on diversified banks. The bank owns 94.93% From his unit in Egypt.
