An unknown buyer signed a memorandum of understanding to acquire an unknown minority stake in ACICO Construction Co. K.S.C.C. from ACICO Industries for Company - K.S.C. (Public) (KWSE:ACICO) for KWD 18.1 million on May 24, 2018. An unknown buyer signed final deal to acquire 23% stake in ACICO Construction Co. K.S.C.C. from ACICO Industries for Company - K.S.C. (Public) (KWSE:ACICO) on July 8, 2018. In this transaction, ACICO Industries for Company - K.S.C. will sell 30.2 million shares of ACICO Construction Co. K.S.C.C. As of May 24, 2018, The Board of ACICO Industries approved the transaction. An unknown buyer cancelled the acquisition of unknown minority stake in ACICO Construction Co. K.S.C.C. from ACICO Industries for Company - K.S.C. (Public) (KWSE:ACICO) on May 24, 2019.