Informed sources attributed the main reason behind canceling the listing of Ream Real Estate Company's shares on Tuesday, 5 July 2022, due the Company’s inability to meet the required conditions and requirements to resume trading its shares.  
According to sources, REAM wasn’t able to fulfill the  required conditions since the General Authority for Minors’ Affairs refrained from approving the Company’s capital increase to rectify certain conditions, take the required provisions regarding some questionable investments, and work on attracting portfolios and real estate properties that may support its main activities for which the company was established.
The sources stated that despite the study prepared by KPMG detailing the necessary procedures to amend the company's conditions, which was submitted to the Public Authority for Minors' Affairs, it was not taken into account until the Capital Markets Authority's issued its resolution to delist the company’s shares from trading on Boursa Kuwait. 
Sources added that the auditor refused to issue an unqualified opinion on the company's financial statement for the financial year 2020, which also contributed to CMA’s resolution to delist the Company. 
It is worth noting that the General Authority for Minors Affairs owns about 39.5% of Ream Real Estate Company’s shares. 
In April, the Board of Commissioners at the Capital Markets Authority issued a resolution to delist Ream Real Estate Company's shares from trading on Boursa Kuwait unless the company fulfills all the conditions and requirements necessary to resume trading its shares no later than 4 July 2022.