The Capital Markets Authority issued Resolution No. (113) of 2024 regarding a special marketing license for a collective investment system established outside the State of Kuwait granted to Watani Investment Company to market 40,000,000 shares (only forty million shares) of the shares of the Thirty-Eighth Leasing and Finance Fund, Limited in a special marketing within the State of Kuwait and established in the Cayman Islands, and that the offer price be 10 US dollars (only ten US dollars) per share in addition to a subscription commission of 2.25% paid once upon subscription.
And also it issued Resolution No. (114) of 2024 to market 125,000 shares (one hundred and twenty-five thousand shares only) of the shares of the WCBI Islamic Finance and Leasing Opportunities Fund IV Limited, for special marketing within the State of Kuwait and established in the Cayman Islands, and that the offering price be 1,000 US dollars (one thousand US dollars only) per share in addition to a subscription commission of 0.95% paid once upon subscription.