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Announcements
The company announces that JREC, a Kuwaiti subsidiary owned by 99% has signed a preliminary agreement to purchase an income generating property in Hawally area in Kuwait
15 January 2014

The company announces that JREC, a Kuwaiti subsidiary owned by 99% has signed a preliminary agreement to purchase an income generating property in Hawally area in Kuwait with value of KWD 1.925 million on the condition of obtaining a finance facility from a local bank as well as completing the connection of electric utilities to the property. The Company expects to complete the transaction within 2 months from signing the aforementioned agreement. The company shall disclose further updates related to the matter in due course.