Mubasher: Boursa Kuwait has halted trading on Kuwait and Gulf Link Transport Company (KGL) and KGL Logistics as of Sunday, 16 February, until Wednesday, 19 February.
The decision was subject to a request by the two companies to the Kuwaiti stock market to suspend trading until further details, regarding material information, are disclosed, the bourse announced on Sunday.
It is worth noting that KGL Logistics is a 47.42%-owned subsidiary of KGL.
