VOL. XLIV
No. 20
14-May-2001
KUWAIT
Kuwait Investment Authority Agrees KD1.453 Per Share For MTC Sale
The Kuwait Investment Authority (KIA) announced on 8 May that after taking into consideration the comments of the National Assembly, it had decided to proceed with the sale of 113mn government-held shares in the Mobile Telecommunications Company (MTC) at a price of KD1.453 ($4.73) per share through a public offering (MEES, 30 April). According to an article in the Kuwaiti daily al-Watan published...
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