GIH's investments will increase by KWD 415,360.
GIH
GIH`R
GIH`R
Mubasher: Afkar Holding, a subsidiary of Gulf Investment House (GIH), has entered into a share sale agreement to raise its stake in Light Food Company to 100% from 50%.
The acquisition deal is valued at KWD 800,000, according to a bourse statement on Sunday.
Furthermore, this takeover deal will generate higher investments by KWD 415,360.
Source:
Mubasher
