|05 September, 2018

BRIEF: Kuwait's Al-Kout Says Offer Price From Boubyan Petrochemical Is Not Fair

AL KOUT INDUSTRIAL PROJECTS COMPANY ALKK.KW :

* AL-KOUT INDUSTRIAL PROJECTS SAYS 766 FILS PER SHARE PRICE FOR MANDATORY ACQUISITION FROM BOUBYAN PETROCHEMICAL IS NOT FAIR

* AL-KOUT INDUSTRIAL PROJECTS SAYS DECISION TO SELL STAKE REMAINS WITH SHAREHOLDERS

* AL-KOUT INDUSTRIAL PROJECTS SAYS AS PER EVALUATION, FAIR VALUE REACHES 768 FILS PER SHARE AS OF MARCH 31, 2018

Source:(https://bit.ly/2NMJeC8) Further company coverage: ALKK.KW

((Reuters.Briefs@thomsonreuters.com;))