Kuwait – Mubasher: Kuwait Business Town Real Estate said that a subsidiary has signed an agreement for selling unlisted shares.
The contract is worth KWD 3.12 million, the company said in a bourse filing, adding that nearly KWD 426,400 worth profit will result from this sale agreement.
The financial impact will be registered in the first quarter of 2017.
On the stock level, Business Town retreated by 1.75% to 56 fils, after 4.57 million shares were traded at a value of around KWD 260,900.
