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Al Khair National to sell a stake in Kuwait Holding

Al Khair National for Stocks and Real Estate has accepted the offer of “Jassim Loay Al Kharafi” to purchase 11.4% of the company’s stake in the issued and paid-up capital of Egypt Kuwait Holding (EKH).

The offer includes purchasing 128.38 million shares in “EKH” for 425 fils per share, worth 54.56 million dinars.

The deal will be executed under the rules and regulations of Boursa Kuwait and the Capital Markets Authority.