One of the subsidiary of Al Madina for Finance and Investment Company - K.S.C.P. (KWSE:ALMADINA) acquired 99% stake in Arabian Pen Educational Company from Ekttitab Holding Company K.S.C. - Public (KWSE:EKTTITAB) for KWD 0.45 million on October 4, 2020. The transaction will affect the income statement with a loss of around KWD 1.2 million.

One of the subsidiary of Al Madina for Finance and Investment Company - K.S.C.P. (KWSE:ALMADINA) completed the acquisition of 99% stake in Arabian Pen Educational Company from Ekttitab Holding Company K.S.C. - Public (KWSE:EKTTITAB) on October 4, 2020.