VOL. XLIV
No 38
17-September-2001
KUWAIT
KIA ToFloat 29.9% Of Kuwait Cement As Part Of Ongoing Privatization
The Kuwait Investment Authority(KIA) announced 29 August that as part of its ongoing privatization program,which began in 1994, it will offer a 29.9% stake in the Kuwait Cement Companyto the public. The Kuwait Stock Exchange (KSE) where the company is listed said that the flotation would take place from 16 September to 16 October andwould be priced at KD0.265 ($0.86) per share....
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