Al Rajhi Partners raises stake in RAK Ceramics

Al Rajhi Partners' shareholding in RAK Ceramics reached 8.32%

  
RAK Ceramics’ new Dubai showroom, which opened in May

RAK Ceramics’ new Dubai showroom, which opened in May

RAK Ceramics/Handout via Thomson Reuters Zawya

Abu Dhabi – Mubasher: Limestone company has sold its entire stake of 6.41% in Ras Al Khaimah Ceramics (RAK Ceramics) to Al Rajhi Partners.

Al Rajhi Partners' shareholding in RAK Ceramics reached 8.32% of the entire share capital, according to a recent bourse filing.

It is noteworthy to mention that in late May, Samena Limestone Company sold its entire stake, representing 17.55% of the entire share capital in RAK Ceramics to Falcone Investments.

Source: Mubasher

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