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First Traders acquires 95.5% of Al-Bareeq stocks

First Traders acquires 95.5% of Al-Bareeq stocks
Photo Credit: Arabianeye-Reuters
BAREEQ
BAREEQ
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First Traders Real Estate Company has acquired 95.53% of Al-Bareeq Holding Company’s shares.

 

First Traders has bought about 114.6 million shares of Al-Bareeq stocks at a price of 12.33 fils, with a total amount of KWD 1.4 million (about $4.9 million).