Wednesday, May 23, 2012
BEIRUT (Zawya Dow Jones)--Kuwait's mainly state-owned Livestock Transport and Trading Co. (CATTL.KW), or Al Mawashi, Wednesday said its chairman and managing director Bader Al Jarallah has stepped down.
Jarallah represented the country's sovereign wealth fund Kuwait Investment Authority, or KIA, on Al Mawashi's board of directors, the company said in a statement posted on the Kuwait bourse website.
The company is 51.55% owned by KIA and 10.27% by Kuwait's state-run Public Institution for Social Security while the remaining 38.18% is held by the general public, according to Zawya.com data.
-By Shikrallah Nakhoul, Zawya Dow Jones, +961 1 985757, shikrallah@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
23-05-12 1130GMT
