KUWAIT: Boubyan Capital has secured a one-year marketing license from the Kuwaiti Capital Market Authority to market 10 million shares of the Cayman Islands-domiciled Boubyan Islamic Leasing and Finance Fund 11 (USD) to professional investors within Kuwait. The offer price has been set at US$10 per share, in addition to a subscription fee of up to 2.25%. The marketing license is renewable annually.
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