Kuwaiti developer Aqar says unit inked KWD 4.7m sale contract

Kuwait-Mubasher: Aqar Real Estate Investments said that a 99.97%-owned subsidiary has signed a primary contract to sell a residential property in the Hawalli Governorate in Kuwait for KWD 4.7 million.

A gain worth about KWD 850,000 will be registered in Q1-16 financials, following the sale deal, the company said in a bourse statement.

 

Mubasher Contribution Time: 20-Dec-2015 12:19 (GMT)