KFH says equity in Aref Investment is still for sale

Mubasher: Kuwait Finance House (KFH) has confirmed that its 53% share in Aref Investment Group is still offered for sale.

KFH clarified that the purchasing proposals offered in the past period were not suitable for the bank to approve, according to a bourse statement on Wednesday.

On Tuesday, a local newspaper reported that KFH has put the decision to sells its stake in Aref on hold.

Mubasher Contribution Time: 11-Apr-2018 10:32 (GMT)
Mubasher Last Update Time: 11-Apr-2018 11:24 (GMT)