Al Khair Global Co. made an offer to acquire 27.64% stake in Gulf Cable and Electrical Industries Company - KPSC (KWSE:CABLE) from Al Khair National for Stocks and Real Estate Company for KWD 32 million on November 20, 2019. Under the terms of the offer, Al Khair Global will pay KWD 0.55 per share to acquire 27.64% stake in Gulf Cable and Electrical Industries Company. Al Khair Global Co. cancelled the acquisition of 27.64% stake in Gulf Cable and Electrical Industries Company - KPSC (KWSE:CABLE) from Al Khair National for Stocks and Real Estate Company on November 20, 2020.