With reference to the abovementioned subject, and the CMA regulations issued on November 9, 2015, Module number ten”Disclosure and Transparency” on the disclosure of material information.
We here disclose NIC ownership of 12,853,850 shares of GFH Financial Group as a result of the swap deal with the said company versus our ownership in Energy City Mumbai project.
An income of approximately KWD 500,000 will be recorded in the Q3 financials for the year 2017.