04 01 2007 - United Gulf Bank to realize profit of US$ 14.9 million from sale of United Projects for Aviations Services Company.
 

NOTICE

United Gulf Bank's (UGB) 72% owned subsidiary, KIPCO Asset Management Company has sold its 17.17% stake in United Projects of Aviation Services Company. As a result of this sale, UGB will realize an indirect profit of KWD 4,320,222.

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For further information please contact United Gulf Bank on telephone +973 17533233 or email info@ugbbah.com.