Kuwait – Mubasher: Qurain Petrochemical Industries Company said Monday that it has got the Capital Markets Authority’s approval on the compulsory acquisition of the remaining shares of National Petroleum Services (Napesco) at a price of 730 fils per share.
According to a bourse filing, the stock accumulation will start as of 4 August and ends on 4 September.
The stock rose in today’s early trading by 1.05% as 15,600 shares were exchanged at KWD 3,000.
