Is it possible to transfer a certain number of shares or money between two portfolios of the same client or two related clients?
Transferring shares and money can be made among electronic portfolios related to the system of the same investment company. Those who are willing to transfer in such a manner should request either withdrawing the cash amount and depositing thereof in the concerned portfolio or request issuing stock certificates to the name of the concerned person by the Ownership Transfer Section of Kuwait Stock Exchange, then depositing the stocks in the portfolio. Stock ownership transfer from the client name to is fulfilled by the client rater than the Company.
