he financial impact from the exit will be a loss of KWD 2.92 million - Photo Credit: Reuters
SENERGY
SENERGY`R
SENERGY`R
National Drilling
NDRL
NDRL
Kuwait – Mubasher: Senergy Holding said Monday that it has signed the final contracts for selling a 60% stake in National Drilling Company-Egypt.
The exit deal is worth KWD 3.35 million, or EGP 98.3 million ($11.1 million), according to a bourse statement on Monday.
Senergy clarified that the financial impact from the exit will be a loss of KWD 2.92 million ($9.68 million).
Source:
Mubasher
