Kuwait – Mubasher: Boursa Kuwait has scheduled 3 January for holding an auction to sell more than 5% of National Petroleum Services’s (Napesco) shares, according to a bourse statement issued on Monday.
On 15 December, Napesco said it has received a letter of notification from both KAMCO Investment and Qurain Petrochemical Industries over signing an agreement to hold an auction to sell shares Napesco’s capital.
Napesco clarified that the shares, which will be offered in the auction, total approximately 6.83 million.
