Mubasher: Agility Public Warehousing has received a notification letter from the Public Authority for Industry (PAI) saying that the authority does not want to renew contract no. 157 which covers a plot in South Amghara area in Kuwait.
Agility, which is listed on both Boursa Kuwait and the Dubai Financial Market (DFM), clarified that the plot has a land space of about a million square metres with estimated annual revenues of KWD 6.5 million ($21.5 million), according to a bourse statement on Wednesday.
The company cannot determine the financial impact of this information in the current time.
