ALKOUT
ALKOUT
0.00%
789.00
0.00
ALKOUT
BPCC
BPCC
0.47%
643.00
3.00
BPCC
Mubasher: Boursa Kuwait announced that Boubyan Petrochemical has completed its acquisition of an equity in Al Kout Industrial Projects, according to a bourse disclosure on Tuesday.
Boubyan has acquired 7.25 million shares or 7.182% of Al Kout’s capital.
The takeover was executed for 766 fils per share at a total of KWD 5.55 million ($18.3 million).
It is noteworthy that Boubyan has a current stake of 46.5% in Al Kout as registered on 19 April.
Al Kout has a capital of KWD 10.09 million distributed on 100.9 million shares at a nominal value of 100 fils each.
Source:
Mubasher