Al-Masaken International Real Estate Development K.S.C.P
Info
Al-Masaken International For Real Estate Development Company K.S.C. (Public) is a Kuwait-based real estate development company established in 1991. The Company operates through two principal segments: Real Estate Operations, covering the development, trading, and leasing of residential and commercial properties, and Investment Operations, covering financial investments and Tawarruq activities. Through its subsidiaries, the Company engages in property development, construction, and real estate consultancy services in Kuwait.
Frequently Asked Questions
A total of 29,000,000 ordinary shares (the “Issue Shares”) will be offered, with an aggregate value of KWD 2,900,000 representing an increase of approximately 263.64% in the issued share capital of Al-Masaken International for Real Estate Development Company K.S.C. (Public) (the “Issuer”, “Al Masaken” or the “Company”). Each Issue Share will be offered at an issue price of 100 Kuwaiti fils, with no issuance premium.
The offer amounts to KWD 2,900,000 with no issuance premium.