Qurain Petrochemical buys stake in Napesco

Mubasher: National Petroleum Services (Napesco) announced that Qurain Petrochemical Industries has purchased an equity in Napesco during the trading session on Tuesday.

Qurain Petrochemical has bought 626,000 shares in Napesco at a value of 750 fils per share, totalling around KWD 469,500, according to a bourse statement on Wednesday.

Qurain owns the largest stake of 51.48% in Napesco, whose capital stands at KWD 10 million.

Mubasher Contribution Time: 16-May-2018 10:14 (GMT)
Mubasher Last Update Time: 16-May-2018 10:36 (GMT)