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K E C International acquire further stake in JV with Al Sharif Group

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Capital Market
Last Updated : Mar 27 2018 | 9:04 PM IST
K E C International announced that the company held 49% of the Share Capital of Al Sharif Group and KEC Company (Al Sharif JV), a Joint Venture of the Company located in the Kingdom of Saudi Arabia.

Al Sharif JV has now become a subsidiary of the Company pursuant to acquisition of additional 6,300 shares representing 2.10% of the total Share Capital of Al Sharif Group and KEC Limited Company.

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First Published: Mar 27 2018 | 8:52 PM IST

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