Kuwait-Mubasher: Kuwait and Gulf Link Transport (KGL) said that the debt settlement agreement signed between its subsidiary KGL Transportation Company (KGL TC) and a local bank has a total value of KWD 11.4 million, according to a bourse statement.
KGL earlier noted that a profit worth KWD 2.3 million ($7.6 million) would result from the settlement deal, and would be registered in the financial statements of FY2015.
