KFH inks deal to sell subsidiary in Bahrain to Menatelecom

Mubasher: Kuwait Finance House (KFH) has signed an agreement to sell the subsidiary of KFH-Bahrain, Menatelecom, to Viva Bahrain.

The sale contract was inked according to the laws issued by the Telecommunications Regulatory Authority (TRA) in Bahrain, according to a bourse statement disclosed on Monday.

The financial impact will be realised in the consolidated income statements for the fourth quarter of 2017; KFH noted that the impact will probably be not essential.

Mubasher Contribution Time: 25-Dec-2017 06:36 (GMT)
Mubasher Last Update Time: 25-Dec-2017 06:36 (GMT)