Disclosure of the Lawsuits and Court Judgments of GIH | premargin
Disclosure of the Lawsuits and Court Judgments of GIH
·ADX·General Disclosure | Announcements·March 1, 2026·View on exchange
AI Summary
Gulf Investment House (GIH) disclosed a court judgment issued on February 24, 2026, regarding a complaint against Al Imtiaz Investment Group Company and others.
The Court of First Instance rejected GIH's complaint on its merits and upheld a prior decision from the Head of the Execution Department dated May 12, 2025.
The court ordered GIH to pay all legal expenses and 100 Kuwaiti Dinars in actual attorney fees.
GIH stated that the judgment will have no impact on the company's financial position.