VOL. XXXVII
NO. 52
26-SEPTEMBER-1994
Financial and Banking News
Capital Markets
Commercial Facilities Company Share Offer Five Times Oversubscribed
The public share offering for Kuwait's Commercial Facilities Company (CFC),the first public share offer in Kuwait for over a decade, was five timesoversubscribed when it closed on 22 September. Thirty million shares previously owned by the state-owned Kuwait Investment Authority (KIA) wereavailable, representing about 17% of the total registered. KIA's...
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