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Mubasher: National Investments Co said that about KWD 794,840 will be registered in the second quarter’s financial statements as a profit from purchasing a stake in an unlisted company.
National Investments said that this investment will be classified as an associate, according to a bourse statement issued on Wednesday.
In early April, the company has sealed a deal in an unlisted firm for KWD 525,000.
At the stock level, National Investments closed Wednesday’s session at 104 fils.
Source:
Mubasher