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Esterad lowers stake in Bahrain Duty Free

Esterad lowers stake in Bahrain Duty Free
Photo Credit: Company Website
Esterad
ESTERAD
4.76% 0.22 0.01
BDFS
DUTYF
-9.24% 0.54 -0.06

Mubasher: Esterad Investment has sold part of its stake in Bahrain Duty Free Shop, lowering it to 7.85%, according to a bourse filing.

The Bahrain Bourse added in a statement on Sunday that Esterad Investment sold 1,000 shares at 840 fils per share.

The transaction makes Esterad the second-largest shareholder for the Duty Free Shop Complex after Global Express Transport which owns 8.09% of the Bahraini company.