Kuwait-Mubasher: The Kuwait Stock Exchange (KSE) showed some changes in equity ownership on 3 December, as the Public Institution for Social Security increased its stake in Viva to 9.73% from 9.18%, an increase of 0.55%.
STC’s 26% stake in Viva has not been changed since news broke that the Saudi company is seeking a full takeover of Viva. Kuwait Investment Authority also still holds 6% stake in the Kuwaiti telecom company.
Meanwhile, shareholder Reda Abdulhady raised his stake in Al Dar National Real Estate by 0.824% to 15.993% from 15.169%.
Source:
Mubasher Exclusive