Kuwait – Mubasher: National Petroleum Services (Napesco) said it 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.
The auction agreement will be executed according to the procedures set by Boursa Kuwait to sell 5% or more of the listed company’s shares, according to a bourse statement issued on Thursday.
Napesco clarified that the shares, which will be offered in the auction, total approximately 6.83 million shares.
