Kuwait-Mubasher: National Investments (NIC) said it has been repaid $2.25 million (about KWD 684,000) by Munshaat Real Estate Projects as part of its debt.
This partial debt settlement was registered in the financials of the third quarter, based on the International Public Sector Accounting Standards (IPSAS).
NIC said in a bourse statement on Wednesday that the financial impact of the earlier repayments has been announced on 27 and 29 July and on 4 October.
NIC stock rose 3.5% to close at 88 fils, after 33 trades were exchanged on about 716,300 shares, with a value of about KWD 62,100.
