Qurain acquires major share in Inshaa Holding

Kuwait - Decypha: Aayan Leasing and Investment and Mubarrad Transport have reportedly sold their shares in Inshaa holding to Qurain Petrochemical Industries.

Aayan Leasing and Investment's share amounts to 72.92% of the comapny, totalling KWD 10,026,500 million, while Mubarrad Transport sold its 25.03% share of Inshaa Holding,  which amounts to KWD 3,440 million. 

90% of the amounts due will be paid, and 10% will remain until confirmation of the company's financial state.

By Decypha News Editorial Team

Decypha Contribution Time: 14-Mar-2017 11:24 (GMT)
Decypha Last Update Time: 14-Mar-2017 11:24 (GMT)