National Investments Company managed “Warba Capital” share capital increase subscription
July 03, 2019
Al-Mukhaizim: NICs has a track record of achievements and its expertise qualifies it to keep pace and achieve more successes
National Investments Company (NIC) revealed its role as Lead Manager and Subscription Agent for the Public Offer of Warba Capital Holding Company. K.S.C.P (“Warba”) during the period 15-22 May 2019. The subscription procedures for the capital increase completed at a total value of KD 2,800,000 (Only two million eight hundred thousand Kuwaiti Dinar) through issuing 28,000,000 shares at 100 fils per share
In this regard, the Chief Executive Officer of the National Investments Company, Mr. Fahad Abdulrahman Al-Mukhaizim, extended his sincere thanks and appreciation for the confidence that Warba Capital Holding Company has placed in NIC.
Al- Mukhaizim affirmed that the role played by NIC is to be added to the companys long track record in the investment field, as NIC team has long and specialized experience in this field.
Al- Mukhaizim added that NIC has managed many successful IPOs for many companies, pointing out that NIC has a long track record of acquisitions, listings, IPOs over the past decades.
He emphasized that its highly qualified team works according to the highest professional standards to successfully complete those mandates in line with clients aspirations and the leading investment position of the company.