Mubasher: Aayan Leasing and Investment has signed an agreement to reschedule its debts due to creditors.
The company has repaid KWD 15 million of its debts, in addition to repaying another KWD 3 million as an accrued profit, according to a bourse filing issued on Tuesday.
The article of creditors under the Murabaha sector will register a decline of KWD 18 million; the impact of settling the debts will be realised in the third quarter of fiscal year 2017.
