The Capital Markets Authority (CMA) issued resolution No. (17) of 2023 regarding the cancelation of the Listing of Land United Real Estate Company's shares from trading on Boursa Kuwait due to the Company’s failure to address its financial position in a way that reflects its fulfillment of the requirements of the supervisory authority necessary to identify the real estate assets assigned to the Company stipulated in Article 1 of Resolution No. (133) of 2022 Regarding the Suspension of the Trading of Land United Real Estate Company's Shares from Boursa Kuwait Securities Exchange issued on 21/8/2022 within the specified period that ended on 5 January 2023. The resolution was issued according to Item No. (7) and Item No. (8) of Article (2-4-1) of Module Twelve (Listing Rules) of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments, which stipulate that  CMA may cancel the listing of the Shares of a shareholding company listed in the Exchange in any of the following cases: If the company breaches one of the listing requirements set forth in these Bylaws or the Exchange’s rules, or if CMA deems that canceling the listing is necessary for protecting investors or regulating the market. Therefore, the concerned bodies shall execute this resolution, each within its jurisdiction. The resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.