Kuwait – Mubasher: Gulf Bank of Kuwait (GBK) said Sunday that a court ruling on 12 January 2017 was scheduled for selling Durrat Al Dar Real Estate-owned property.
The property is located in Fahaheel area in the Al Ahmadi Governorate in Kuwait at a total area of 231,800 square metres, according to a bourse filing.
Earlier the plenary court scheduled 1 December 2016 for selling the property but no bids were offered, the statement said.
The bank did not clarify the financial impact of the sale.
The stock stood at 232 Kuwaiti fils by 9:10am Kuwiat time.
