Mubasher: The board of Danah Al Safat Foodstuff raised to the extraordinary general meeting (EGM) its recommendation of selling the company’s entire stake in the Lebanese firm F&B Venture Holding.
Danah Al Safat clarified that no financial impact will be registered in the financial statements of fiscal year 2017, as the company reported in FY16 statements a loss of KWD 1.83 million which was considered the financial impact from this deal, according to a bourse statement issued on Wednesday.