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Marakez receives $21m offer to exit stake in Syria’s Antaradus

Marakez receives $21m offer to exit stake in Syria’s Antaradus
Marakez’s stake in Antaradus amounts to 10%
MARAKEZ
MARAKEZ
0.85% 47.40 0.40

Mubasher: Real Estate Trade Centers (Marakez) has received an offer to sell its stake in Syria’s Antaradus for Touristic Development Company at a value of $21 million. 

Marakez’s stake in the Syrian firm represents 10%, according to a bourse statement on Sunday.  

The offer has no material impact on the financial position of Marakez at the current time, the Kuwaiti firm further noted.