Boursa Kuwait has announced that, based on a notification from the Ministry of Justice - General Execution Department, an auction for the sale of unlisted securities will begin on Sunday, April 13, 2025, via the electronic auction market. This sale is for the benefit of the Public Prosecution Account - Execution Department (debtor: Al-Bariq International Company for Producing Ready-Mix Concrete) to settle a debt amounting to KWD 72,654.381 (Seventy-Two Thousand Six Hundred Fifty-Four Kuwaiti Dinars and 381 Fils). 

The sale will be conducted by the appointed selling company, National Brokerage Company, in accordance with the provisions of Chapter Twelve of the Stock Exchange Rules. The selling agent will be responsible for complying with the rules of the exchange and the executive regulations of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activities and its amendments. The details are as follows:

• OTC 130 Gulf Rock Company – 11,947,154 shares.

The sale will take place in the electronic auction market for trading unlisted securities through the submission of purchase orders by bidders on the system. The bidding will commence at 10:30 AM with a starting price of five hundred Fils. If the selling is unsuccessful in the first bidding session, the selling agent may begin the second bidding session five minutes after the first session ends at a starting price of 100 Fils. 

If the selling is still unsuccessful in the second session, a third bidding session may be conducted five minutes after the second session without a starting price. The auction will be awarded to the highest bidder for the quantity of securities offered.