ALMAL`R
NINV`R
Mubasher: Boursa Kuwait announced that an auction will be held on Tuesday, 12 December, to offer 24.82 million of Al Mal Investment’s for sale.
This stake represents 8% of Al Mal’s capital, with a premium price of KWD 0.0432 per share at a total value of KWD 1.07 million, according to a bourse statement issued on Monday.
The agreement is between National Investments Co, representing the seller which is Al Khair National for Stocks and Real Estate Co, and Khalid Soleiman Nasser al Zayed as the buyer.
Al Mal Investment has a capital of KWD 31.03 million distributed on 310.3 million shares.
It is noteworthy that Al Khair National owns a stake of 37.76% in Al Mal.