Publication Date:
Sun, 2005-09-11 03:00
KUWAIT, 11 September 2005 — Kuwait China Investment Co. (KCIC) is planning an initial public offering of 40 million Kuwaiti dinars ($137 million), or half its capital, lead manager National Investments Co. said.
KCIC was set up in June 2005 as a Kuwaiti shareholding company with a capital of 80 million dinars primarily to focus on investment opportunities in China and other Eastern Asian countries. National Investments Co. is acting as the sole lead manager and underwriter for the offer.
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