Need Info about Saudi Company Kanooz al Watan

sehbai · #1 Feb 8, 2005, 11:37 PM

This company has just recently bought a big Power Utility Firm in Pakistan and the deal looks very fish. Can anyone provide some background info, previous acquisitions, people and allied management of this company. It does not even have a web site.

NeedKarma · Feb 9, 2005, 05:20 AM

http://www.google.ca/search?hl=en&q=...Watan%22&meta=

sahmed · Apr 15, 2005, 08:54 PM

fish sounds right. all i've heard so far is that the purchase was funded by a funneling of saudi assets frozen by the US

Domainerz · Apr 21, 2005, 04:00 AM

Hi all,
I'm new to the forum as I just became interested in the talk as I was 'Searching' for 'Alkanooz' on the web. Without disclosing anything else, I have to say that KESC deal is not as fishy as it looks. 'Kanooz Al Watan' were the highest bidders and they took the project. It's as simple as that. As per latest news new management is taking-over KESC very soon. Though it can be said that it's not 'normal' these days BUT still, 'web-absence' does not make any party fishy. However, Parent Company of 'Kanooz-al-Watan' is 'Kanooz Fund for International Investment' which can be visited at www.kfii.com

Regards.



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