|17 December, 2019

KAMCO repays Murabaha facilities

KAMCO Investment repaid Murabaha facilities

Mubasher:KAMCO Investment repaid Murabaha facilities worth KWD 5 million from a national bank, the company said in a statement to Boursa Kuwait.

As a result, KAMCO’s total liabilities will decline by KWD 5 million, the company said, dismissing any impact on the income statement.

Last week, KAMCO announced that it sold major stakes in special purpose entities outside Kuwait.

Source: Mubasher

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