Mubasher: Yiaco Medical Company has entered into a land purchase agreement in Al Ardiya Kuwait at a value of KWD 5.500 million.

Spanning a total area of 4,012.5 square metres, the land will be used as an administrative headquarters and a main warehouse for the company, according to a bourse filing on Sunday.

The transaction is expected to raise total non-current assets by KWD 5.500 million during the first quarter (Q1) of 2020.