National Investments denies CEO stake buy in Osos

Kuwait – Mubasher: National Investments has denied a recent article published in a local newspaper on Monday stipulating that the company’s CEO has purchased a stake in Osos Holding.

National Investments clarified that the 95,000 shares bought in Osos are linked to National Investments as a company, not the CEO as an individual, according to a bourse statement issued on Monday.

At the stock level, National Investments closed Monday’s session at 106 fils, while Osos closed the session 3% higher at 138 fils.

 

Mubasher Contribution Time: 22-May-2017 13:25 (GMT)
Mubasher Last Update Time: 22-May-2017 18:49 (GMT)