Mubasher: Bait Al-Amar Al-Khaleeji General Trading and Contracting has purchased 60.029 million shares of Al Mazaya Holding from Gimbal Holding Company through an off-market trade.

The deal is priced at KWD 0.063 per share, aggregating at a total value of KWD 3.781 million, according to the company's disclosure to Boursa Kuwait on Monday.

Hence, Bait Al-Amar Al-Khaleeji has become the biggest shareholder in Al Mazaya Holding with an 11.62% stake.

It is noteworthy to mention that on 24 May 2021, Bait Al-Amar Al-Khaleeji General Trading and Contracting purchased 80 million shares of Al Mazaya from Gimbal Holding Company.