KGL
KGL
-0.22%
45.40
-0.10
KGL
Mubasher: Kuwait and Gulf Link Transport (KGL) has reached a final agreement with a local bank to settle debts resulted from credit facilities worth KWD 35 million.
The credit facilities’ value represents loan principal in addition to profits, according to a bourse statement issued on Wednesday.
The financial impact from signing this deal will be a profit of KWD 17.22 million.
Source:
Mubasher