Mubasher: Soor Fuel Marketing has completed selling 40% of its total shares in Integrated Holding, according to a bourse statement on Sunday.
The equity represents 3.21 million shares at a value of 730 per share, with a total of KWD 2.27 million after discounting the sale commission.
Soor noted that the financial impact of this transaction will be registered in the second quarter of fiscal year 2018, the impact will be an increase in the shareholders’ equity right.
At the stock level, Soor closed Sunday’s session at 130 fils.
