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FINANCIAL NEWS
Kuwait- GHC seeks to boost liquidity
17 May 2010
(MENAFN) The Managing Director of Gulf Holding Co (GHC) said that the Kuwait-based investment company is planning to boost its liquidity by exiting certain investments in line with its new strategy, Kuna reported.
He pointed out that the company aims at achieving the best returns of investments possible through the development of plans and one of its priorities is to enhance the company’s liquidity by exiting certain investments.
The company’s current and future policy aims at making moves on various levels in order to protect and maintain the company’s assets and its investments, and also to look at the positive exit of certain investments, he added.
He revealed that the company had considered the exit of some of its investments which resulted in exiting one of its investment at a 10 percent premium.
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