Al Imtiaz to sell KWD 11m asset in Kuwait City

Mubasher: Al Imtiaz Investment Group has signed a primary contract to sell a building owned by the company for a total value of KWD 11 million.

This property is located in Ahmad Al Jaber St. in Kuwait City, according to a bourse statement on Monday.

Al Imtiaz is expected to generate a net profit of approximately KWD 925,500 after the procedures of this sale deal are completed.

At the stock level, Al Imtiaz closed Monday’s session 1.31% lower at 151 fils.

Mubasher Contribution Time: 05-Feb-2018 11:36 (GMT)
Mubasher Last Update Time: 05-Feb-2018 11:37 (GMT)