Kuwait-Mubasher: United Foodstuff Industries Group (UFIG) has achieved about 291,370 profits from giving up its beneficiary right for using a 1000-square-meter industrial voucher in Sabhan Industrial Area.
The right which UFIG has waived will be in return for KWD 400,000 ($1.31 million), according to a bourse filing.
The voucher had book value worth about KWD 108,630.
The deal’s financial impact is worth about 8.74 fils a share.
