{"id":322902,"date":"2021-08-10T13:23:05","date_gmt":"2021-08-10T13:23:05","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=322902"},"modified":"2021-08-10T13:23:05","modified_gmt":"2021-08-10T13:23:05","slug":"nbk-egypts-may-apply-a-voluntary-delisting-after-its-board-proposal","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/08\/10\/nbk-egypts-may-apply-a-voluntary-delisting-after-its-board-proposal\/","title":{"rendered":"NBK Egypt’s may apply a voluntary delisting after its board proposal"},"content":{"rendered":"

The National Bank of Kuwait-Egypt’s (NBK Egypt) board of directors decided to delist the bank’s shares from the Egyptian Exchange (EGX).<\/p>\n

<\/div>\n

The voluntary delisting decision will be referred to the bank’s extraordinary general meeting (EGM) for approval, according to a bourse disclosure on Tuesday.<\/p>\n

The board also approved the appointment of Prime Capital as an independent financial advisor to assess the fair value (FV) of the bank’s stock.<\/p>\n

The disclosure form showed that shareholders owning about 94% of the bank’s shares agreed with the\u00a0voluntary delisting decisio<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Kuwait-Egypt’s (NBK Egypt) board of directors decided to delist the bank’s shares from the Egyptian Exchange (EGX).<\/p>\n","protected":false},"author":4,"featured_media":321294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[392],"class_list":["post-322902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-nbk-egypt"],"yoast_head":"\nNBK Egypt's may apply a voluntary delisting after its board proposal - egy-africa<\/title>\n<meta name=\"description\" content=\"The National Bank of Kuwait-Egypt's (NBK Egypt) board of directors decided to delist the bank's shares from the Egyptian Exchange (EGX).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/08\/10\/nbk-egypts-may-apply-a-voluntary-delisting-after-its-board-proposal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBK Egypt's may apply a voluntary delisting after its board proposal - 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