The company successfully settles its debt owed to Al Ahli United Bank amounting to KD 3.2 million in exchange for cash payment and the sale of 55 million shares of its investment in Gatehouse Bank plc (equivalent to 0.3% of the bank’s share capital) to Al Ahli United Bank at a price of 2.98 pence per share. This sale results in the recognition of a net gain of approximately KD 150 thousand.
