Kuwait firm to buy 20.7% stake in Uniply

Date posted: Thursday 4 July 2019

Leading integrated architectural, design and build Turn-key solutions provider Uniply Industries Ltd. announced the signing of signed an agreement with Kuwait-based Markab Capital WLL under which the latter would acquire a controlling stake in the company. The transaction aims at leveraging the deep global relationships of Markab Capital and create a long-term value for shareholders by bringing value and global contracts into the execution fold of the incumbent teams at Uniply.

(The Hindu)