Two firms to repay GBK via property sale

Kuwait – Mubasher: The Gulf Bank of Kuwait (GBK) has scheduled 10 November to sell three properties in Sharq, Kuwait.

The sale process comes as part of the lawsuit filed by GBK against Durrat Al Dar Real Estate and Khobari Holding Co, according to a bourse statement issued Monday.

GBK added that the sale deal will be for repaying Khobari’s debts that are due to the bank.

 

Mubasher Contribution Time: 03-Oct-2016 07:05 (GMT)
Mubasher Last Update Time: 03-Oct-2016 07:05 (GMT)