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First Dubai Real Estate Development Co. signed a market maker services agreement with the National Investments Company K.S.C.P
Date: 8/3/2022
Subject: Disclosure of the signing of the Market Maker Services Agreement
With reference to the above subject, and to Article 4-1-1 of Chapter Four of the Tenth Book of the Executive Regulations of Law No. 7 of 2010 regarding the establishment of the Capital Markets Authority and Regulating Securities Activity, attached is a fold of the material information disclosure form.
Date:
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08/03/2022
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Name of listed company
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First Dubai Real Estate Development Co.
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Material information
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First Dubai Real Estate Development Co. signed a market maker services agreement with the National Investments Company K.S.C.P that is licensed to engage in securities activities in order to provide liquidity and activate the forces of supply and demand for the company’s shares, by applying the trading rules established by the Capital Markets Authority, the Kuwait Stock Exchange and the Kuwait Clearing Company.
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Effect of the material information on the company financial position
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There is no impact on the company's financial statements.
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