Kuwait Projects Company (Holding) K.S.C.P. (the Obligor of Kuwait Projects Company Sukuk Limited), announced that Panther Media Group Ltd. known as "OSN" (KIPCO Group's subsidiary) has signed a conditional binding agreement to combine its streaming platform OSN+ with Anghami Inc. (Listed on Nasdaq) and to inject up to USD 50 million (equivalent to KD 15.4 million) in Anghami Inc. for a majority stake in Anghami Inc. Execution of the transaction is subject to obtaining customary regulatory and anti-trust approvals, with the integration expected to be finalized early 2024.
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
1.055 USD | -2.31% | -0.48% | +1.44% |
Apr. 29 | Anghami Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Mar. 12 | Anghami Signs 3-Year Agreement for Rotana Music Content, Concerts | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
| ||
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1.055 USD | -2.31% | -0.48% | 72.03M | ||
0.127 KWD | -1.55% | +0.79% | 1.91B | ||
Chiffre d''affaires - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+1.44% | 72.03M | |
+30.04% | 454B | |
+25.70% | 264B | |
+7.46% | 136B | |
+34.35% | 95.88B | |
+6.95% | 93.13B | |
+59.50% | 57.75B | |
+16.62% | 46.89B | |
+27.88% | 38.33B | |
+1.27% | 35.84B |
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