Mubasher: Al Madar Finance and Investment and Dar Al Thuraya Real Estate on Tuesday announced that a subsidiary purchased a property in Mahboula district for KWD 1.44 million, according to disclosures by both companies.
The bought property spans over an area of 840 square metres, the companies said in their statements to Boursa Kuwait.
The purchase will have no impact on the financial position of neither of the companies.
It is worth noting that Al Madar holds the largest stake in Al Thuraya at 85.6%, while Investment Dar Bank owns 5.1%.
