Court orders Safat Global to pay KWD 5.66m

Kuwait – Mubasher: The court has ordered Safat Global Holding Company to pay KWD 5.66 million to Al Safat Investment Company.

This is not the final ruling, Safat Global said in a bourse filing issued on Thursday, adding that the company will file an appeal against the court ruling.

On the stock level, Safat ended Thursday’s trading session lower by 1.8% to close at 27.5 fils, after 1.12 million shares were traded at a value of nearly KWD 30,900.

 

Mubasher Contribution Time: 22-Dec-2016 11:48 (GMT)
Mubasher Last Update Time: 22-Dec-2016 11:48 (GMT)