The Board of Directors of Kuwait Investment Company approved, in its meeting held on Thursday, October 19, 2023 to sell its shares in Bawabet Kuwait Holding Company approximately KD 14.3 million.
According to a statement from Kuwait Investment Company to Boursa Kuwait, the financial impact of the recent sale transaction cannot be determined at this time. The company stated that it will disclose the financial impact once all procedures for implementing the sale transaction are completed. As a result, further information on the financial impact will be provided once these procedures are finalized.