Kuwait Stock Exchange issues real estate clarification

Published October 10th, 2005 - 09:13 GMT
Al Bawaba
Al Bawaba

The Kuwait Stock Exchange on Sunday announced that The Pearl of Kuwait Real Estate Company would like to clarify what is published in some local newspapers about selling 31 pieces of land at a total amount of KD2.5 million, as follows: "The company is currently negotiating to sell 31 pieces of land, but it has not yet reached any agreement. Moreover, the company is going to notify The Kuwait Stock Exchange of all details as soon as it reaches any agreement."