Disclosures

Clarification about Lawsuit Against The Company

Reference to our disclosure which was sent at 4th December 2014 relating to disclose for a lawsuit & as per Al-Mal Investment Company’s commitment with CMA’s instructions number (ھ.أ.م./ق.ر./إ.م./2/2012) related to disclosing material information and the mechanism of disclosing it as issued by CMA on 05/06/2012.

Kindly be advised that, AL-Mal Investment Company received a letter from company’s attorney at 30th September 2015 regarding adjudication for the case #84-2015 lawsuit # 2014/6460 against the company from the legal representative of Kuwait Investment Authority subject” Expert” at ت م  ك ح/ 6 أسواق مال court , have a verdict at 29/09/2015 as following “ Verdict for unaccepting the lawsuit due to its irrelevancy”.

  And as per our disclosure before the company emphasize that, there is no any impact on company’s financial position.