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KAMCO Investment Company (KAMCO), one of the leading investment companies operating in the region, has announced that it acted as the main defender and underwriter for the capital increase. from KIPCO.
Khalid Fuad, chief investment officer of KAMCO Investment Company, said the initial public offering attracted a lot of interest from existing shareholders: the total number of shares subscribed to 529.89 million Ordinary shares, while the total number of shares offered rose to 452.75 million shares. 1.17 times. At the offer price of 210 wires per share, the total value of the subscribed shares was 111.28 million dinars, against a value of the offered shares of 95.08 million dinars. A new ordinary share representing approximately 29.3% of the issued and released share capital of the Company.
The KIPCO capital increase aims to strengthen the existing capital structure and support its long-term strategy to expand its activities in the financial services, media, insurance, banking and investment sectors. 39, industry and education.
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