Issue saw a 17 percent oversubscription for 452,748,662 ordinary shares
KIPCO
Latest in KIPCO
KIPCO
OSN appoints Patrick Tillieux as new CEO
The new CEO takes over from Martin Stewart, who has left the company to pursue another opportunity outside the region
Amazon Prime
Changing viewing habits makes OSN pay-TV a tough sell
Competition from the likes of Netflix, Amazon Prime Video and other services have crashed the value of Dubai-based OSN
Dubai
OSN shareholder KIPCO hires bankers to sell 60% stake
Dubai-based OSN, which provides satellite encrypted pay television services to 24 countries in the MENA region, represents KIPCO’s entire media operating segment
Bond
Kuwait’s KIPCO issues $331m seven-year bond
First ever seven-year corporate dinar bond issue in Kuwait was 1.45 times oversubscribed