Mubasher: Kuwait’s Public Institution for Social Security (PIFSS) raised its stake in Mezzan Holding Co from 5.02% to 5.56%, according to a report released by Boursa Kuwait.
Al Wazzan Capital for Sale and Purchase of Shares owns nearly 63.26% stake in Mezzan Holding.
Mezzan Holding’s capital reaches KWD 31.13 million, distributed over 311.3 million shares, with a nominal value of 100 fils per share.
On Monday, Mezzan Holding’s stock, down 2.29% to 469 fils, registered a trading volume of 646,090 shares with a trading value of KWD 304,830.
During the first nine months of 2018, Mezzan Holding’s profits dipped 20.5% to KWD 8.05 million, against KWD 10.12 million in the corresponding period in the prior year.
