Yiaco Medical exits stake in Al Salam Hospital

Kuwait – Mubasher: Yiaco Medical has signed a contract to sell its stake in Al Salam International Hospital.

The stake stands at 20.869%, with a total value of KWD 20 million, according to a bourse filing issued on Thursday.

A profit standing at KWD 7.8 million is expected to be realized from this sale deal, and will be registered in the financials of the fiscal year 2016.

 

Mubasher Contribution Time: 29-Dec-2016 13:54 (GMT)
Mubasher Last Update Time: 29-Dec-2016 13:54 (GMT)