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Al Masaken exits KWD 1.62m asset

Al Masaken exits KWD 1.62m asset
The financial impact from exiting this asset will be a profit of KWD 120,000
MASAKEN
MASAKEN
5.81% 27.30 1.50

Kuwait – Mubasher: Al Masaken International Real Estate Development has sold a property worth KWD 1.62 million ($5.33 million), according to a bourse filing issued on Tuesday.

The financial impact from exiting this asset will be a profit of KWD 120,000 which will be registered in the financial statements of the second quarter.