Kuwait-Mubasher: Coast Investment and Development said that no purchase offer was delivered for the shares of both Kuwaiti German Holding and Gazal Logistics and Warehousing Company, on the public auction held 22 October.

The Kuwaiti company noted that the shares offered for sale amounted to 393.16 million of Kuwaiti German, and 27.5 million of Gazal, according to a bourse statement.