Kuwait – Mubasher: Credit Rating and Collection (Tahssilat) has finalized a sale deal as part of the company’s share in a debts-settlement agreement with Adeem Investment Co. worth £5.07 million (KWD 1.9 million).
After sealing the deal, Tahssilat will own 8.25 million shares in Frontguard Holding Limited, with a value of KWD 1.14 million, according to a bourse statement issued on Monday.