Mubasher: KAMCO Investment has acted as an issuance advisor and subscription agent in Kuwait Projects Holding’s (KIPCO) capital increase issue of 452.75 million shares, according to a company statement released on Saturday.
“In line with our commitment to delivering on our promise to our clients and supporting them in achieving their strategic objectives, we are proud to have led this successful transaction in our capacity as the sole issuance advisor and subscription agent,” KAMCO’s CEO, Khaled Fouad, commented.
Earlier in July, KIPCO announced the completion of the subscription in the company’s capital increase issue. The issue will add around KWD 95 million additional funding to KIPCO.
