By: Ahmad Awad
Kuwait-Mubasher: Kuwait Telecommunication (Viva) is working on evaluating a number of opportunities to execute acquisitions in the current time, the CEO Salman Al Badran said on Thursday.
Viva has not distributed dividends for the fiscal year 2015 as they currently studying the expansion plans, Al Badran said on the sidelines of the ordinary general meeting.
The KSE-listed firm will announce the available opportunities once a final agreement is reached, the CEO said, noting that Viva’s market share totals 35%.
On the stock market’s level, Viva ended Thursday’s session at KWD 1.02, after about 91,600 shares were exchanged with a value worth about KWD 91,700.
