Mubasher TV
Contact Us Advertising   العربية

KAMCO, Global submit merger request to CMA

KAMCO, Global submit merger request to CMA
No financial impact can be determined in the current time
KAMCO
KAMCO`R
69.75% 202.00 83.00

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.