Kuwait Real Estate Holding Company KSHC (KWSE: ALAQARIA) cancelled the acquisition of the remaining 57.4% stake in AL-Fanar Investment Company from Imtiaz Investment, Investment Arm and others.
As of April 18, 2012, the deal has been approved by Board of Directors of Al Fanar Investment Company. Kuwaiti Investment Company has also been appointed as the deal manager.
Kuwait Real Estate Holding Company KSHC (KWSE: ALAQARIA) cancelled the acquisition of the remaining 57.4% stake in AL-Fanar Investment Company from Imtiaz Investment, Investment Arm and others on December 26, 2012.