Mubasher: Gulf Investment House (GIH) said that a loss valued at KWD 3.48 million was realised from selling its entire equity in Arkan Al Kuwait Real Estate.
GIH has sold 56.55 million shares in Arkan Al Kuwait at a value of KWD 5.51 million or 97.5 fils per share, according to a bourse statement on Wednesday.
Selling GIH’s stake in Arkan Al Kuwait was executed through private transactions.
