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Kuwait's Strategia cancels credit facilities with local bank

Kuwait's Strategia cancels credit facilities with local bank
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KPFI
STRATEGIA
-7.00% 32.00 -2.00

Kuwait-Mubasher: Kuwait's Strategia has cancelled a credit facilities agreement signed previously with a local bank, the company said in a bourse statement.

In December, the company had inked a credit facilities deal worth KWD 3 million with a local bank to finance its future business.

The move does not have any impact on its financial statements, the company said.

The stock was not traded on Tuesday. It ended Monday at 34 fils.