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.