No financial impact can be determined in the current time
KAMCO
KAMCO`R
59.66%
190.00
71.00
KAMCO`R
Mubasher: KAMCO Investment and its 69.28%-owned subsidiary Global Investment House have submitted a request to the Capital Markets Authority (CMA) for a plan of merger.
KAMCO intends to acquire the remaining shares of Global following the approval of the CMA, according to a bourse filing on Sunday.
The company noted that no financial impact can be determined in the current time, KAMCO said.
Source:
Mubasher