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.