Al-Tijaria exits KWD 6.88m investments abroad

Kuwait-Mubasher: The Commercial Real Estate (Al-Tijaria) has sealed a deal to sell three subsidiary investments abroad worth KWD 6.88 million ($22.79 million), according to a bourse statement.

The company said that no financial impact will affect its consolidated results financial statements. However, according to the Thursday statement, losses worth KWD 104,000 ($344,520) resulted from the exit deal.

On the stock market, Al-Tijaria settled at 76 fils by the end of today’s session, as about 709,500 shares were exchanged at nearly KWD 54,610. 

Mubasher Contribution Time: 14-Apr-2016 12:08 (GMT)
Mubasher Last Update Time: 14-Apr-2016 12:34 (GMT)