Mubasher: Al Madar Finance and Investment announced that its Boursa Kuwait-listed subsidiary, Dar Al Thuraya Real Estate Company, withdrew from one of its investments.
The withdrawal was completed through total selling of Dar Al Thuraya’s shares at a value of KWD 7 million, Al Madar said in a filing to Boursa Kuwait on Monday.
Additionally, the withdrawal will result in profits for Dar Al Thuraya at a value of KWD 763,749 that will reflect on the financial statements on 30 September 2019.
