Wednesday , September 19 2018

Tag Archives: Abraaj

Kuwait public fund creditor issues position on Abraaj – Provisional liquidation likely

KUWAIT CITY, June 7, (Agencies): The Public Institution for Social Security filed a petition in the Grand Courts of Cayman Islands for the liquidation and winding up of Abraaj Holdings, which is registered in the Cayman Islands, and in accordance with provisions of the country’s Companies Laws, says a statement …

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A Kuwaiti creditor refuses Abraaj deal

Provisional liquidation DUBAI, June 6, (RTRS): A Kuwaiti creditor is refusing to agree to a debt settlement deal with Abraaj, which could push the private equity firm to seek provisional liquidation, three sources close to the matter said. The refusal by Kuwait’s Public Institution for Social Security (PIFSS) to join …

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