Monday, Dec 05, 2011
BEIRUT (Zawya Dow Jones)--Kuwait's Strategia Investment Co. Monday said it has exited some of its investments and realized a profit of 1.08 million Kuwaiti dinars ($3.9 million) that will be included in its fourth-quarter results.
The investment and asset management firm didn't disclose the value of the divestment in a statement posted on the Kuwait bourse website.
Strategia said in the statement that the move is part of a plan to restructure its investments and assets.
By Shikrallah Nakhoul, Zawya Dow Jones, +961 1 985757, shikrallah@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
05-12-11 1144GMT
