On the same day, Sanam Real Estate Company announced in a disclosure to the Boursa Kuwait that it has entered into an agreement through its subsidiary, Snam Innovation Holding Co., to purchase a 7.61% stake valued at KWD 1,000,000 in the share capital of National Medical Consumable Industries Co. (NATMED).
This transaction is part of a partnership with a related party to acquire 75% of the mentioned company's capital.
It is worth mentioning that NATMED was established in 1989 and is a leading company in the sale, packaging, and storage of medical and food consumables.