KSE sets date for Cleaning, KGL stakes auction late November

Kuwait – Mubasher: The Kuwait Stock Exchange (KSE) said on Tuesday that an auction will be held on 29 November to sell a number of shares in National Cleaning, and Kuwait and Gulf Link Transport’s (KGL).

The event will see the bidding on around 45.5 million shares of National Cleaning, representing 18.216% of the company's capital, with an initial price of 38 fils per share, and a total value of KWD 1.73 million.

As for KGL, 29.41 million shares are on auction, representing 11.13% of total capital, with an initial price of 47 fils per share, and at a total value of KWD 1.38 million.

Mubasher Contribution Time: 15-Nov-2016 13:10 (GMT)
Mubasher Last Update Time: 15-Nov-2016 13:11 (GMT)