National Investments Company K.S.C.P. (KWSE:NINV) made an offer to acquire 20.43% stake in Kuwait Foundry Company - K.P.S.C. (KWSE:KFOUC) from Al Khair National for Stocks and Real Estate Company on January 16, 2019.

National Investments Company K.S.C.P. (KWSE:NINV) completed the acquisition of 20.43% stake in Kuwait Foundry Company - K.P.S.C. (KWSE:KFOUC) from Al Khair National for Stocks and Real Estate Company for KWD 7.8 million on January 24, 2019. Under the transaction, National Investments Company K.S.C.P. acquired 31.44 million shares of Kuwait Foundry Company - K.P.S.C. at KWD 0.25 per share.