Kuwait’s small shareholders face information disparity; Asset seizures raise concerns

Kuwait’s small shareholders face information disparity; Asset seizures raise concerns

KUWAIT CITY, March 14: The issue of small shareholders being the last to know about the realities within companies is a significant concern, despite existing laws emphasizing the importance of disclosing essential information transparently, reports Al-Jarida daily. There are several reasons why influential information remains restricted to insiders and not disclosed to others such as …

<p>The post Kuwait’s small shareholders face information disparity; Asset seizures raise concerns first appeared on ARAB TIMES - KUWAIT NEWS.</p>KUWAIT CITY, March 14: The issue of small shareholders being the last to know about the realities within companies is a significant concern, despite existing laws emphasizing the importance of disclosing essential information transparently, reports Al-Jarida daily. There are several reasons why influential information remains restricted to insiders and not disclosed to others such as by: Delaying TacticsSome companies deliberately provide misleading data and information to prolong procedures and exploit legal loopholes. This prolongation allows them to avoid addressing difficult financial conditions or other challenges they may be facing. Debt Restructuring Plans Companies may call for general assemblies to review debt structuring and capitalization plans, even if they know that these plans are likely to fail. They may bet on buying time and passing on the