Assad Abdul Aziz Abdullah Al Sanad made an offer to acquire 29.81% stake in Real Estate Asset Management Company (REAM) - KPSC (KWSE:REAM) from Alimtiaz Investment Co. K.S.C.C., Investment Arm for KWD 5.1 million on May 26, 2015. Alimtiaz will sell 31 million shares at KWD 0.165 per share. Al-Seef Financial Brokerage acted as broker for Alimtiaz Investment.

Assad Abdul Aziz Abdullah Al Sanad completed the acquisition of 29.81% stake in Real Estate Asset Management Company (REAM) - KPSC (KWSE:REAM) from Alimtiaz Investment Co. K.S.C.C., Investment Arm on June 29, 2015.