Kuwait-Mubasher: Al Masaken International Real Estate Development has agreed on selling its entire stake in Al Masaken United Real Estate to Acico Group for KWD 9 million, according to a bourse statement.
Al Masaken International owns 43% in Al Masaken United which is an unlisted closed company.
The company noted, in its statement on Monday, that the sale deal will provide it with cash liquidity.
