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Share price in Mutakamilah deal fair — Halawani
By JT - Mar 17,2014 - Last updated at Mar 17,2014
AMMAN — Industry, Trade and Supply Minister Hatem Halawani on Monday said the ministry bought the Kuwaiti Citygroup Inc.’s (KCI) stake in Mutakamilah Transportation (AutoBus) Company for JD10 million, according to a ministry statement.
In response to a question by Deputy Khamis Atiyeh about the rate of JD0.260 per share, Halawani said the price was fair because the payment will be in 10 yearly instalments.
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