Kuwait-Mubasher: KAMCO Investment has signed a credit facility contract worth KWD 4.5 million ($14.8 million) with a bank, according to a bourse statement issued Wednesday.
The loan will be allocated for financing the company’s future business, KAMCO said.
It clarified that no financial impact will be registered for the company’s financial position.
KAMCO’s stock reached 79 fils by 11:36 am Kuwait time on Wednesday, after about 13,700 shares were traded at a value of nearly KWD 1,070.
