Boubyan Petrochemical, Nafais seal acquisition deal

Kuwait – Mubasher: Kuwait Stock Exchange (KSE) announced the completion of Boubyan Petrochemical’s acquisition of a stake in Nafais Holding.

The shares total 515,748 representing 0.123% of Nafais capital, at a value of 175 fils per share, according to a bourse statement issued Monday.

The acquired shares amount to nearly KWD 90,260.

On the stock level, Boubyan ended Monday’s session at 450 fils, while Nafais saw no trading activity.

 

Mubasher Contribution Time: 17-Oct-2016 12:14 (GMT)
Mubasher Last Update Time: 17-Oct-2016 12:14 (GMT)