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Mubarrad Holding disclosure to Boursa Kuwait

Mubarrad Holding receives offer for its entire stake in Al-Ahlia Heavy Vehicles

Offer comes from a related party; board to decide after review

Source: بورصة الكويتBoursa
Mubarrad Holding receives offer for its entire stake in Al-Ahlia Heavy Vehicles

Mubarrad Holding said it has received an offer from a party related to Al-Ahlia Heavy Vehicles Selling & Import Co. to buy all the shares it holds in that company. Mubarrad will study the offer under its established procedures and policies and refer it to the board for a decision, with the board meeting date to be announced later. The financial impact will be determined after the offer is reviewed and the board decides.

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Saad Bandar Al-LafiVice Chairman and CEO, Mubarrad Holding

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