Mubasher: Kuwait Finance House (KFH) said that its subsidiary has exited an investment of nearly 92% in New Technology Bottling Company.
The exit value stands at KWD 20.13 million ($66.3 million), according to a bourse disclosure on Wednesday.
KFH, Kuwait's biggest Islamic lender, will receive about KWD 3.4 million profits realised from this exit transaction. The bank added that no essential financial impact can be registered.
