National Investments Company announces that one of its fully owned subsidiaries at the Republic of Lebanon has signed a primary contract to sell one of its real estate properties for 2 million USD, generating net profits amounting to around one million and one hundred thousand USD after receiving all agreed upon installments. NIC has received an advanced payment amounting to 400,000 USD upon signing the contract , which was booked in Q2 2014 financials as well as a second payment amounting to 1,200,000 USD which would be recorded in Q3 2014 financials.


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