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Kamco extends credit facility deal with local bank

Kamco extends credit facility deal with local bank
The facilities will finance Kamco's existing and future activities
KAMCO
KAMCO`R
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Mubasher: Kamco Investment Company has renewed its agreement on credit facilities granted by a local bank and raised the credit line by KWD 5 million.   

The credit facilities will be used to finance the company’s current and future activities, according to a statement to the Kuwaiti bourse on Tuesday.      

Moreover, Kamco referred that the transaction will not have any material impact on its financial position.