Mubasher: Real Estate Asset Management (REAM) said that the total value of selling its stake in a subsidiary in Oman is estimated at KWD 390,000 ($1.3 million), according to a bourse statement issued on Tuesday.
On Monday, REAM disclosed that it has generated an estimated profit of nearly KWD 90,000 ($300,000) from selling this stake.
It added that this profit will be realised in the third quarter of fiscal year 2017.
