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Aqar Real Estate to exit 35% stake in associate

Aqar Real Estate to exit 35% stake in associate
The exit deal is worth KWD 3.09 million
AQAR
AQAR
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Mubasher: Aqar Real Estate Investments has signed a contract to sell its 35% stake in an associate.

The exit deal is worth KWD 3.09 million, Aqar said in a bourse filing on Wednesday.

Following this deal, a profit of nearly KWD 581,070 will be realised in the income statements of the fourth quarter of 2017.