Al Khair unveils equity ownership in Zain

Mubasher: Al Khair National for Stocks and Real Estate Co has disclosed the equity ownership in Zain, noting that Al Khair’s total capital shares listed in Zain is 4.33 billion, according to a bourse statement issued on Sunday.

Al Khair owns a direct stake of 1.192% or 51.6 million shares in Zain, as registered on 4 October, while the company’s indirect share in Zain stands at 8.077% or 349.48 million shares.

Meanwhile, National Investments Co decreased its stake in Zain to 0.046% from 0.098%, while National Gate for Computer Systems raised its stake to 0.003% from 0.001%, as registered on 4 October.

Al Seef Brokerage Co and Al Bawwaba National General Trading and Contracting Co have exited their stakes of 0.0005% and 0.002%, respectively, in Zain.

The share of both the Kuwaiti British Readymix Co and Gulf National Holding remained unchanged at 1.23% and 1.560%, respectively.

Mubasher Contribution Time: 08-Oct-2017 11:42 (GMT)
Mubasher Last Update Time: 08-Oct-2017 11:42 (GMT)