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Argan divests stake in Saudi affiliate for SAR 337 thousand

ARGAN ARGAN -1.62% 78.80 -1.30

Kuwait Stock Exchange (KSE) announces that it has received a letter from Argan International Real Estate Co. indicating that it has sold its stake in Abyar Al Khaleej Real Estate, a Saudi-based wholly-owned subsidiary. The deal was valued at SAR 377.380 . Neither profit nor loss was recorded from the deal.

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