Kuwaiti group National Industries Group has sold 105 million of its shares in Kuwaiti construction and real estate firm Mabanee Company. According to local press reports, the shares represent 35 % of the capital of Mabanee.
Mabanee Company is a Kuwaiti shareholding company with a paid-up capital of 30 million Kuwaiti dinars. Mabanee is listed under the real estate sector on the Kuwait Stock Exchange since 1999.
Mabanee is owned by a prestigious list of Kuwait's top institutions and high net worth individuals currently exceeding 1,500 shareholders.
Mabanee is owned by a prestigious list of Kuwait's top institutions and high net worth individuals currently exceeding 1,500 shareholders.