Sanad to profit from exiting stake in REAM

Kuwait - Mubasher: Sanad Holding Co has sold its entire 29.67% stake in Real Estate Asset Management (REAM), according to Sanad’s bourse statement on Sunday.

A profit worth KWD 2.8 million is expected to be realised from selling 31 million shares of Sanad in REAM.

At the stock level, REAM on Sunday rose 5.56% to 285 fils by 12:20 pm Kuwait time. 

 

Mubasher Contribution Time: 30-Apr-2017 10:24 (GMT)
Mubasher Last Update Time: 30-Apr-2017 10:25 (GMT)