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Unicap to pay KWD 2m on court ruling

Unicap to pay KWD 2m on court ruling
The lawsuit was filed against Unicap claiming a pay KWD 2.56 million
UNICAP
UNICAP`R
-2.68% 290.00 -8.00

Mubasher: The court of appeal in Kuwait has issued a ruling rejecting an appeal filed by Unicap Investment and Finance.

Upon this court ruling, Unicap will pay KWD 2.11 million to Abdulmohsen Ali Al Khaja, who filed a lawsuit against the Boursa Kuwait-listed company, according to a bourse statement on Wednesday.

The lawsuit was filed against Unicap claiming a pay KWD 2.56 million.