Written by: Ahmed Awaad

Kuwait Finance House (KFH) divestment plan from investments in affiliated companies is on track, said Mazen Al Nahedh, chief executive officer.

The plan comes in the frame work of the bank's investments restructuring plan either through divestiture or merge, added Al Nahedh in an exclusive statement to Mubasher.

KFH is capitalised at KWD 477 million, distributed across 4.77 billion shares at 100 fils par value each.

Translated by: shaimaa ELSarky