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    ACICO   KW0EQ0500953

ACICO INDUSTRIES COMPANY - K.S.C. (PUBLIC)

(ACICO)
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An unknown buyer signed a memorandum of understanding to acquire 23% stake in ACICO Construction Co. K.S.C.C. from ACICO Industries for Company - K.S.C. for KWD 18.1 million.

05/27/2018 EDT

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.


ę S&P Capital IQ 2018
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Financials
Sales 2020 58,3 M 194 M 194 M
Net income 2020 -28,7 M -95,5 M -95,5 M
Net Debt 2020 265 M 880 M 880 M
P/E ratio 2020 -1,03x
Yield 2020 -
Capitalization 37,6 M 125 M 125 M
EV / Sales 2019 8,42x
EV / Sales 2020 5,05x
Nbr of Employees -
Free-Float 50,1%
Chart ACICO INDUSTRIES COMPANY - K.S.C. (PUBLIC)
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ACICO Industries Company - K.S.C. (Public) Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Managers and Directors
Ghassan Ahmad Saud Al-Khaled Vice Chairman & Chief Executive Officer
Shaheen Abdulatif M. Shaheen Al-Ghanim Chairman
Mutaz Al-Jazar Manager-Risk & Compliance
Basel Abdullah Meshari Al-Nafisi Independent Director
Ahmad Faisal Abdullwahab Al-Refaee Non-Executive Director
Sector and Competitors