Mubasher: Boursa Kuwait announced that an auction will be held on Tuesday, 12 December, to offer 24.82 million of Al Mal Investment’s shares for sale.
This stake represents 8% of Al Mal’s capital, according to a bourse statement disclosed on Tuesday.
The premium price for selling Al Mal’s shares stands at KWD 0.0432 per share, with a total value of KWD 1.07 million.
National Investments Co represented the seller party for Al Khair National for Stocks and Real Estate Co, while Khaled Nasser Al Zayed is the purchasing party.
Al Mal Investment’s capital totals KWD 31.03 million, distributed on 310.3 million shares at a par value of 100 fils each.
It is worth noting that Al Khair National owns 37.765 of Al Mal’s capital.
