Kuwait's KFH plans asset sales in 2019, including Malaysia


KFH Headquarters in Kuala Lumpur on April 3, 2014. - FAIHAN GHANI/The Star.

KUWAIT: Kuwait Finance House plans to sell assets in the range of 100 million dinars ($330.1 million) to 120 million dinars in 2019, the chief executive was quoted in Al Rai newspaper as saying.

The sale would include the headquarters of its unit in Malaysia and its stake in Kuwait Energy, Mazin Saad al-Nahedh was quoted as saying. ($1 = 0.3030 Kuwaiti dinars) - Reuters

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
KFH , sell , assets , Malaysia , Kuwait , Finance ,

Next In Business News

PETRONAS, Jogmec strengthen lng collaboration via master agreement
Malaysia Smelting gets nod to resume Rahman Hydraulic Tin operations
Hextar Industries RM177.48mil Woodpeckers deal falls through
Southern Score Builders bags RM180mil hospital project in Melaka
Duopharma says data files extracted in cyber incident
Ringgit ends firmer against most currencies, down versus US dollar
Citaglobal bags RM82.1mil residential college contract
PTT Synergy to acquire Penang land for RM62.53mil
Mondelez International unveils RM90mil investment in Crumb Tower, deepening commitment to Malaysia
Vestland bags RM410mil high-rise contract, FY26 wins hit RM1.5bil

Others Also Read