Marakez receives $21m offer to exit stake in Syria’s Antaradus

Mubasher: Real Estate Trade Centers (Marakez) has received an offer to sell its stake in Syria’s Antaradus for Touristic Development Company at a value of $21 million. 

Marakez’s stake in the Syrian firm represents 10%, according to a bourse statement on Sunday.  

The offer has no material impact on the financial position of Marakez at the current time, the Kuwaiti firm further noted.   

Mubasher Contribution Time: 26-Jan-2020 12:12 (GMT)
Mubasher Last Update Time: 26-Jan-2020 13:09 (GMT)