KAMCO repays KWD 5m Murabaha facilities

Mubasher: KAMCO Investment repaid Murabaha facilities worth KWD 5 million from a national bank, the company said in a statement to Boursa Kuwait.  

As a result, KAMCO’s total liabilities will decline by KWD 5 million, the company said, dismissing any impact on the income statement.

Last week, KAMCO announced that it sold major stakes in special purpose entities outside Kuwait.

Mubasher Contribution Time: 16-Dec-2019 15:04 (GMT)
Mubasher Last Update Time: 16-Dec-2019 15:04 (GMT)