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Tamdeen Investment sells 10% stake in British Industries for Printing

Tamdeen Investment sells 10% stake in British Industries for Printing
Tamdeen Investment sells 10% stake in British Industries for Printing
TAMINV
TAMINV
1.69% 600.00 10.00

Cairo – Mubasher: Kuwaiti listed Tamdeen Investment said it sold 10% stake in its unit British Industries for Printing and Packaging Co for book value KWD 800,000.

British Industries for Printing and Packaging Co is currently 47.81% owned by Tamdeen after this transaction, said a bourse filing.

Tamdeen noted that the transaction won’t have either positive or negative financial impact on its financial position.