Shareholders in Kuwait's Global Investment House have approved the delisting of the stock from the Kuwait bourse, nearly a year after firm's shares were suspended from trading.
"(The general assembly) agreed to authorise the board of directors to cancel the listing of the company on the Kuwait Stock Exchange," a stock market statement said on Sunday, following a board meeting.
Global's shares have not traded in Kuwait since last December, when the bourse suspended the stock after Global accumulated losses exceeding 75 percent of its capital.
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