Mabanee K P S C : CMA approval to deal in treasury shares

Mabanee Company KPSC is a Kuwait-based company engaged, along with its subsidiaries, in the manufacture and installation of pre-cast buildings, construction work, and the installation of sanitary, mechanical, electrical and other equipments related to the construction industry. In addition, the Company invests its surplus funds in investment securities. The Company operates in three segments: the Construction and real estate investment segment includes real estate development, properties, projects leasing and the construction activity for self or others; the Logistics segment includes all types of transportation, distribution, handling and customs clearance for goods, and the Financial investments segment includes investments in portfolios, shares and financial instruments in and outside Kuwait managed by self or by specialized firms.