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Athman raises stake in Sanam Real Estate

Athman raises stake in Sanam Real Estate
Photo Credit: Arabianeye-Reuters
SANAM
SANAM`R
-8.96% 193.00 -19.00

Kuwait Stock Exchange’s equity ownership saw changes on 5 May, as Athman National General Trading and Contracting Company increased its stake in Sanam Real Estate to 10.503% from 9.068%.

It is noteworthy that Wafra International Investment has a large stake of 22.708% in Sanam, which posted losses worth nearly KWD 157,730 in the fiscal year 2014 compared to about KWD 144,380 in FY13.