Mubasher: The Commercial Bank of Kuwait (CBK) lowered its stake to less than 5% in Aayan Leasing and Investment, Boursa Kuwait’s daily report on equity ownership showed.
The CBK has reduced its stake in Aayan Leasing from 7.99% to less than 5% by the end of the trading session on Tuesday.
It is worth to mention that Kuwait Finance House (KFH) owns the major stake of 18.68% in Aayan’s capital, followed by the stake of Ayshah Abdulkareem Khalifah Al Mezell with 5.89%, and the stake of Ali Al Ghanim & Sons Trading Co. with 5.29%.
Aayan’s capital amounts to KWD 81.4 million, distributed on 814.04 million shares at a nominal value of 100 fils each.
Noteworthy, Aayan Leasing owns a 57.78% stake in Aayan Real Estate, 48.05% in Mubarrad Holding Co, 24.42% in Mashaer Holding Co, and 17.09% in Abyaar Real Estate Development.
