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Boubyan Petrochemical wins Al Kout’s shares auction

Boubyan Petrochemical wins Al Kout’s shares auction
The auction started with a preliminary price of 710 fils
ALKOUT
ALKOUT
0.00% 767.00 0.00
BPCC
BPCC
1.31% 618.00 8.00

Mubasher: Boursa Kuwait announced that the procedures for selling 21.9 million of Al Kout Industrial Projects’ shares have completed.

Boubyan Petrochemical has won the auction, according to a bourse statement on Wednesday.

The auction started with a preliminary price of 710 fils per share and closed at 766 fils each, at a total value of KWD 16.77 million.