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Source: Thomson Reuters.   Last updated on Feb 23, 2019 at 02:09AM (UTC).   Delayed by at least 15 minutes.
Listing and Trading of Shares of “Viva Telecom” in the Kuwait Stock Exchange
Dec 14, 2014
Sunday 12/14/2014 was the date of the listing and trading of shares of “Viva Telecom” in the Kuwait Stock Exchange (KSE), it is the first listing in the market since the beginning of this year. According to the company, Viva Telecom acquires 33% of the market share of the mobile telecommunications sector in Kuwait, where the number of subscribers until the first half of 2014 is about 2.33 million subscribers.

The capital of the company paid about 49.94 million dinars distributed to 499.4 million shares with a nominal value of 100 fils. STC owns stake in the company at 26%, while accounts of the General Authority for Investment and the General Organization for Social Insurance own 6% each, and the Zakat House and the General Secretariat of Awqaf and the General Authority for Minors Affairs have a stake of 4% for each of them, and the individuals to 50% of the shares the company.

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