Inovest settles $3.26m debts with unit

Mubasher: Inovest said it has settled its entire debts with a fully owned company, according to a bourse statement issued on Sunday.

Inovest, which is listed on both Bahrain Bourse and Boursa Kuwait, said that the debts are worth $3.26 million.

It added that this settlement will have positive impact on the financial statements of the first quarter of 2017.

 

Mubasher Contribution Time: 15-Jan-2017 10:36 (GMT)
Mubasher Last Update Time: 15-Jan-2017 10:38 (GMT)