Al Thekair General Trading & Contracting Co. made a mandatory offer to acquire the remaining 32.12% stake in Al Madar Finance & Investment Company (K.S.C.P.) (KWSE:MADAR) for KWD 1.9 million on October 9, 2017. The takeover offer is presented by Al Thekair for KWD 0.028 per share. According to Al Madar, the offer seems unfair. The accumulation period for Al Madar will start on February 13, 2018 and end on March 14, 2018. National Investments acted as the lead manager in the transaction. Baker Tilly acted as financial advisor to Al Madar Financing and Investment Co.