The Ministry of Finance (MoF) has announced the pricing and opening of subscriptions for the second issuance under the Sovereign Retail T-Sukuk Programme, featuring a five-year tenure.
Trolley General Trading, a leading convenience-led grocery retailer based in Kuwait City has begun trading on Boursa Kuwait’s Premier Market, raising gross proceeds of KD59.5 million ($195 million). Based on the final offer price, its market capitalisation now stands at KD170 million ($552.6 million).
Action Energy Company (AEC), a leading Kuwaiti onshore drilling and oilfield services provider, has begun trading on Boursa Kuwait’s Premier Market following the completion of its private placement. It raised KD55.1 million ($180 million) from local and international investors.
