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Tamdeen exits Fucom Central Markets

Tamdeen exits Fucom Central Markets
Tamdeen Real Estate sold a a 25.17% stake in Fucom
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Kuwait - Mubasher: Tamdeen Real Estate has sold its stake in Fucom Central Markets for a total KWD 2.27 million.

It is worth noting that Tamdeen owned a 25.17% of the Fucom’s capital, according to the company’s statement to Boursa Kuwait on Tuesday.

The profit from the deal is estimated at KWD 1.44 million, and it will appear in the company’s financial statements for the third quarter of 2017.