Mubasher: National International Holding disclosed that one of its subsidiaries has sold an investment worth KWD 3.96 million ($13.14 million) in an associate, according to a bourse statement on Thursday.

The company, which is listed on both Boursa Kuwait and the Dubai Financial Market (DFM), noted that the sale was executed in return for acquiring a stake worth KWD 3.96 million in an unlisted Kuwaiti firm.

At the stock level, National International closed Thursday’s session at 53 fils on Boursa Kuwait, while the stock did not witness any trading activity on the DFM.