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Qurain Petrochemical buys stake in Napesco

Qurain Petrochemical buys stake in Napesco
Qurain Petrochemical has bought 626,000 shares in Napesco
NAPESCO
NAPESCO
-0.71% 842.00 -6.00
ALQURAIN
ALQURAIN
0.00% 261.00 0.00

Mubasher: National Petroleum Services (Napesco) announced that Qurain Petrochemical Industries has purchased an equity in Napesco during the trading session on Tuesday.

Qurain Petrochemical has bought 626,000 shares in Napesco at a value of 750 fils per share, totalling around KWD 469,500, according to a bourse statement on Wednesday.

Qurain owns the largest stake of 51.48% in Napesco, whose capital stands at KWD 10 million.