Kuwait-Mubasher: Osos Holding Group said Thursday that its board has agreed on Wednesday to sell two unlisted subsidiaries for a total of KWD 37 million.
Osos, a technology, education and investment firm, owns 99.4% in one of the two units recommended for sale and 99.98% in the other, according to a bourse statement.
Closing the sale would net the company KWD 13.4 million profit.
National Investments and Osoul Investment hold 19.43% and 18.25% respective stakes in Osos.
