Mubasher: Bait AL-Amar Al-Khaleeji General Trading and Contracting has purchased 80 million shares of Al Mazaya Holding from Gimbal Holding Company in an off-market trade.
The transaction is valued at KWD 0.063, aggregating at a total amount of KWD 5.04 million, according to the company's disclosure to Boursa Kuwait on Monday.
Gimbal Holding Company is the largest shareholder in Al Mazaya Holding, holding 24% of the capital.
It is noteworthy to mention that the company has previously announced the execution of an off-market trade for 25 million of its shares on Boursa Kuwait.
