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Al Safat Investment owns largest stake in Shuaiba

Al Safat Investment owns largest stake in Shuaiba
Shuaiba’s capital is worth KWD 10.07 million
PAPER
PAPER`R
-3.80% 177.00 -7.00
EFFECT
EFFECT`R
0.99% 20.50 0.20

Mubasher: Al Safat Investment and its group, including Al Assriya Printing, Publishing, and Distribution, Dar Al Safa for General Trading, Al Safat Holding, and Effect Real Estate Co acquired an equity in Shuaiba Industrial.

According to Boursa Kuwait’s latest equity changes, Al Safat Investment’s direct and indirect stake in Shuaiba reached about 8.23% by the closing of Wednesday’s session on 20 December.

Following this new stake takeover, Al Safat Investment has become the largest shareholder in Shuaiba’s capital which is worth KWD 10.07 million.