Kuwait-Mubasher: The Securities House signed a sale contract on Wednesday to sell stake in one of its investments for KWD 2.75 million ($9.2 million).

The firm declared that the exit reflected a profit of KWD 150,000 or 0.2 fils per share.

The financial impact will be added to the financial statements of Q1-2015.

Securities House has not clarified in its issued report the type of investment of which it sold the stake.

Securities House’s capital stands at about KWD 68 million, distributed on 680 million shares with a par value of 100 fils per share.