Boursa Kuwait has announced the delisting of shares of Sultan Center Food Products Company (Ticker: M Sultan), effective Sunday, May 18, 2025.

The decision follows a resolution by the Board of Commissioners of the Capital Markets Authority (CMA), which formally notified the Exchange of the delisting in accordance with Clauses (7) and (8) of Article 2-4-1 of Chapter Twelve (Listing Rules) of the Executive Regulations of Law No. 7 of 2010 regarding the establishment of the Capital Markets Authority and regulation of securities activity, as amended.

The delisting was prompted by the company's failure to meet the requirements outlined in CMA Decision No. 127 of 2024, dated September 18, 2024. Specifically, the company did not exercise due diligence in addressing a reservation related to its "Investment in an Associate Company," which resulted in concerns over the fair and accurate presentation of its financial statements for the fiscal year ending December 31, 2024.

The company’s authorized capital stands at KD 57,882,878.200, while its paid-up capital is KD 28,941,439.100, distributed over 289,414,391 shares with a nominal value of 100 Fils per share.

The last recorded trading price of the company’s stock was 97 Fils on September 18, 2024.