Mubasher: Real Estate Asset Management (REAM) has sold its entire stake in a subsidiary in Oman, generating an estimated profit of nearly KWD 90,000 ($300,000).
This financial impact will be realised in the third quarter of fiscal year 2017, according to a bourse statement issued on Monday.
In the second quarter of FY17, REAM achieved a growth of 1.5% in profits to nearly KWD 240,160.
