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Al Thekair seals full acquisition of KMEFIC

Al Thekair seals full acquisition of KMEFIC
Al Thekair purchased the remaining 25.67% of KMEFIC's shares
KMEFIC
KMEFIC
0.71% 99.70 0.70

Mubasher: Kuwait’s Capital Markets Authority (CMA) announced the completion of the mandatory acquisition of Al Thekair General Trading & Contracting Co. on the shares of Kuwait and Middle East Financial Investment (KMEFIC), according to a bourse statement on Monday.   

In December, KMEFIC's board considered the compulsory acquisition proposal put forward by Al Thekair to buy the remaining 25.67% of its shares.