News Details

Barwa Announces The Closing Of The Sale And Transfer Of Its Shareholding In Two Companies

Barwa Announces The Closing Of The Sale And Transfer Of Its Shareholding In Two Companies

03/12/2014

​Barwa Real Estate company announces that it has closed the Sale and Transfer of its shareholding in both QD-SBG Construction W.L.L. and QD-CPC Industries W.L.L. (consisting of 21.5 % shareholding in each of the two companies) to Qatari Diar Real Estate Investment Company Q.S.C. for a total sale price of QAR 69,000,000 (sixty nine million Qatari Riyals) following two Share Sale and Purchase Agreements signed between Barwa Real Estate and Qatari Diar on15/09/2014. The signing of these transactions has been announced on 18 September 2014 .​

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