Al-Aqaria sells stake in Olive VFM
ALAQARIA
ALAQARIA`R
ALAQARIA`R
Kuwait – Mubasher: Kuwait Real Estate Holding’s (Al-Aqaria) said it will sell its stake in Bahrain - based Olive VFM Co. in return for $1.55 million.
Al-Aqaria holds 24.5% stake in Olive VFM and expects to generate profits of KWD 20,000 from this transaction.
Al-Aqaria reported earlier, net profits of KWD 25,363 for the nine – month period ended September 2016.
Source:
Mubasher
