: Google
Boursa Kuwait announced the completion of procedures for the sale of 51.75 million shares in Hilal Cement.
Suez Cement, listed on the Egyptian Exchange (EGX), sold its stake in the Kuwaiti cement producer for a value of KWD 3 million or KWD 0.057 per share, according to a bourse statement on Sunday.
Earlier, the board of directors of Suez Cement approved a decision to offer its 51% stake in Hilal Cement for sale.
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2 | the publication reaches you by | Kuwait OnlineDuring 2019, Hilal Cement incurred net losses of about KWD 681,100, up from nearly KWD 68,750 in 2018.
Boursa Kuwait announces net profit of KD 5.63 million for the period ended 30 June 2020
Against the backdrop of the unprecedented conditions brought on by the COVID-19 pandemic, Boursa Kuwait saw a net profit…
6 | the publication reaches you by | Kuwait OnlineKuwait Today Business Subscription
Keywords:
Boursa Kuwait
Egyptian Exchange
Hilal Cement
Category: #Banking, #Business | 2021/01/26 latest update at 8:00 PM
Source : Zawya | Photocredit : Google
Category: #Banking, #Business | 2021/01/26 latest update at 8:00 PM
Source : Zawya | Photocredit : Google
