Mubasher: KAMCO Investment has denied a news article published in a local newspaper on Thursday, 1 February, over winning a tender for the privatisation of Boursa Kuwait.
In a statement to Boursa Kuwait, KAMCO clarified that it has not yet received an official decision regarding winning the tender of the privatisation.
On 1 February, Al Qabas Newspaper published a news story saying that a consortium of KAMCO and Oliver Wyman, a US an international management consulting firm, has won a tender to privatise Boursa Kuwait.
The Kuwaiti newspaper added that the consortium has provided the lowest bids and best technical qualities.