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Osoul gets KWD 3m after Osos capital cut

Osoul gets KWD 3m after Osos capital cut
Osoul could generate a profit of KWD 525,000 - (Photo Credit: Arabianeye-Reuters)
OSOUL
OSOUL
0.00% 85.90 0.00
OSOS
OSOS
9.88% 96.80 8.70

Kuwait - Mubasher: Osoul Investment Company announced on Sunday that it has received KWD 3.3 million from Osos holding’s capital decrease, according to the company’s statement to the Kuwait Stock Exchange (KSE).

Osoul Investment previously said that it would generate a profit of KWD 525,000 once Osos holding completes the procedures of capital decrease and receiving the value of the cancelled shares.