Jiyad Holding Company - K.S.C. (Public) (KWSE:JIYAD) acquired 99% stake in Al Madina for Finance and Investment Company - K.S.C.P. (KWSE:ALMADINA) for KWD 7.2 million on November 21, 2017. The financial impact from the deal will be realized in Jiyad Holding Company's financial statements of fiscal year ending December 31, 2017.

Jiyad Holding Company - K.S.C. (Public) (KWSE:JIYAD) completed the acquisition of 99% stake in Al Madina for Finance and Investment Company - K.S.C.P. (KWSE:ALMADINA) on November 21, 2017.