Kuwait-Mubasher: NBK Capital, the investment arm of NBK, has maintained its recommendation as ‘Buy’ on Masaya Holding, with a fair value at 165 fils, according to a report issued by the research unit.
The company, which is listed on both KSE and DFM, Mazaya has recently started working on a mixed-use project in Oman by securing OMR 10.5 million (around KWD 8.2 million) financing facility to fund construction, according to the statement.
It is noteworthy that Mazaya stock closed at 106 fils by the end of KSE’s trading session, after rising 1.92% or 2 fils; however, the stock saw no trading in DFM.
