Shareholder and Stakeholder Rights

Protection of Shareholders' Rights and Related Parties

  • The company seeks to provide an effective communication mechanism between the company and all current and potential shareholders through the implementation of effective governance that allows shareholders direct communication and access to all information. This enables them to obtain all essential data related to the company and its activities in a timely manner to assist them in making investment decisions in the company easily and smoothly.
  • The company is committed to treating all shareholders owning the same type of shares equally and without any discrimination. Under no circumstances will any shareholder rights be withheld from any category of shareholders, nor will there be any criteria that could discriminate between shareholder categories in establishing these rights, provided that it does not harm the interests of the company or conflict with the law and regulatory provisions and the instructions and controls issued therefrom.
  • The company's operational systems, policies, and practices reflect the regulations, rules, and instructions issued by the regulatory authorities in the State of Kuwait regarding the protection of the rights of stakeholders and their equitable treatment, as well as the contracts concluded between the company and stakeholders and any additional commitments made by the company in this regard. This is aimed at safeguarding the company's financial position and enhancing its role in serving the community and developing the economy, as the ultimate success of the company is achieved through the collaborative efforts of various parties, including shareholders, investors, senior management, executive management, employees, and others who have dealings with the company within the framework of laws and regulations that provide protection for all parties against violations of their rights. The company is committed to protecting the rights of stakeholders and creating a stable working environment by ensuring a stable and strong financial position.