Tahssilat seals KWD 1.9m debts settlement deal

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.

 

Mubasher Contribution Time: 09-Jan-2017 08:07 (GMT)
Mubasher Last Update Time: 09-Jan-2017 08:07 (GMT)