Mubasher: Boursa Kuwait on Monday announced that Kuwait Real Estate Company (KRE) has completed the non-cash and non-mandatory acquisition procedures over the International Resorts Company’s (IRC) shares.
KRE acquired 89.35 million shares, representing 57.835% of the capital, of IRC in return for 0.455 share of KRE, according to Boursa Kuwait’s statement.
Source:
Mubasher