Mohammad Badr Manahi acquired 13.78% stake in Gulf Franchising Holding Company K.S.C.P. (Holding) (KWSE:GFC) from The Mowazi Stock General Trading & Cont. Co. for KWD 0.38 million on December 28, 2017. The offer per share in the auction was KWD 0.085 per share and the number of shares sold were 4.48 million. Mohammad Badr Manahi completed the acquisition of 13.78% stake in Gulf Franchising Holding Company K.S.C.P. (Holding) (KWSE:GFC) from The Mowazi Stock General Trading & Cont. Co. on December 28, 2017.