Al-Imtiaz clears $2.28m debt to clients

Kuwait-Mubasher: Al Imtiaz Investment Group said it has repaid an amount of QAR 8.33 million or about KWD 693,000 ($2.28 million) to clear its whole debts due to “certain clients,” the company said in a bourse filing.

The company clarified that no financial impact will be registered in its financial statements.

Al Imtiaz stock settled at 78 fils, after two transactions were executed on 100,000 shares with a value of about KWD 7,800.

 

Mubasher Contribution Time: 30-Dec-2015 12:39 (GMT)