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Sanam Real Estate’s stock resumes trading on Monday

Sanam Real Estate’s stock resumes trading on Monday
Sanam Real Estate last reported a decline of 54.8% in losses in Q4-18
SANAM
SANAM
-1.63% 181.00 -3.00

Mubasher: Boursa Kuwait on Monday said the stock of Sanam Real Estate will resume trading as of Monday, 8 April, based on the company’s request.

The firm requested the bourse to suspend trading on the stock after two of its shareholders signed a contract with other investors on Sunday to purchase a stake in the company, according to a bourse filing.

Sanam Real Estate last reported a decline of 54.8% in losses during the fourth quarter to KWD 352,830, compared to KWD 780,420 in Q4-17.