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KAMCO repays KWD 5m Murabaha facilities

KAMCO repays KWD 5m Murabaha facilities
KAMCO's total liabilities will decline by KWD 5 million
KAMCO
KAMCO
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Mubasher: KAMCO Investment repaid Murabaha facilities worth KWD 5 million from a national bank, the company said in a statement to Boursa Kuwait.  

As a result, KAMCO’s total liabilities will decline by KWD 5 million, the company said, dismissing any impact on the income statement.

Last week, KAMCO announced that it sold major stakes in special purpose entities outside Kuwait.