The sale transaction will generate a loss of nearly KWD 108,500
Injazzat
INJAZZAT`R
INJAZZAT`R
Mubasher: Injazzat Real Estate Development announced that a 50%-owned associate has sold a residential building in Bahrain for BHD 10 million or KWD 8.048 million ($26.7 million).
The sale transaction will generate a loss of nearly KWD 108,500 which will be registered in the income statements of the second quarter of fiscal year 2018, according to a bourse statement on Monday.
Source:
Mubasher
