BUSINESS NEWS
KM Co Ltd becomes major shareholder of MLS with 5,1% stake.
KM Co Ltd owned by His Highness Sheikh Khalid Bin Jassim A.J. Al-Thani increased
its stake to 5,1% of the share capital of MLS Multimedia SA and became major shareholder and will have a seat in the company's Board of Directors. The initial investment was successfull and profitable. KM Co Ltd intends to invest for the expansion of the company in the Gulf region and North Africa.
His Highness Sheikh Khalid Bin Jassim A.J. Al-Thani stated: “We are very happy to be among MLS major shareholders. Our goal with the people of the company is to open new horizons and materialize our investment plans.”
Mr. John Kamatakis, CEO of MLS, stated: “We welcome His Highness Sheikh Khalid Bin Jassim A.J. Al-Thani to the major shareholders of MLS and hope for a long-term and profitable cooperation. His participation as a major stakeholder is a vote of trust not only to our company but also to Greek economy.