Kuwait Stock Exchange (KSE) announces that Al-Tamdeen Investment agreed to divest its 40% stake in Beyoo Finance & Investment to a local investor at a total value of KWD 6.6 million. The KSE-listed company is expected to generate approx. KWD 2.6 million earnings in Q3-11, after obtaining the required approval of the Capital Market Authority (CMA) and other competent entities.

Accordingly, the stock will resume trading ten minutes after this announcement.