ubasher: Gulf Franchising Holding has sold its stake in Al Razzi Holding for an investor, with a value standing at KWD 750,000.
The exit deal followed the sale of 5 million shares at 150 fils per share, according to a bourse filing issued on Tuesday.
A profit worth KWD 380,000 will be realized from this sale deal, and will be reflected positively on the financial statements of Gulf Franchising.
