CmaBoardReleases
Back to Search
Title: Announcement Regarding the Completion of the Procedures for the Partial Purchase Offer Submitted by Qurain Petrochemical Industries Company not Exceeding 9% of the Shares of Advanced Technology Company
Date Publish
16 June 2022
Based on the minutes issued by Boursa Kuwait Securities Company on June 16, 2022, the fact of selling the total of 13,500,000 shares of Advanced Technology Company to Qurain Petrochemical Industries Company was confirmed in a percentage of 9%, in implementation of the partial purchase offer process submitted by Qurain Petrochemical Industries Company not exceeding 9% of the shares of Advanced Technology. Qurain Petrochemical Industries Company previously owned 29.50% of the shares,. The total ownership of Qurain Petrochemical Industries Company after the partial purchase offer process becomes 38.50 % of Advanced Technology Company’s shares.
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.