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Title: Announcement Regarding Completing the Mandatory Acquisition Procedures Presented by Boubyan Petrochemical Company for all Shares of Al Kout Industrial Projects Company
Date Publish
30 October 2018
Based on the statement issued by Boursa Kuwait Securities Company on 30/10/2018, a total of 7,246,406 shares of Al Kout Industrial Projects Company has been sold to Boubyan Petrochemical Company in the amount of 7.182% of the shares as an execution of the mandatory acquisition process. Boubyan Petrochemical Company already owns 46.46% of the shares, so the total share of Boubyan Petrochemical Company becomes 53.643% of Al Kout Industrial Projects Company.
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