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Zumorroda ups Housing stake
- Kuwait: Monday, October 01 - 2007 at 07:10
Kuwait's Zumorroda Investment Holding has upped its stake in local mortgage firm the Housing Finance Company to 15% from 14%, according to a statement on the Kuwait Stock Exchange's website and cited by Reuters. It was reported in a number of Arabic newspapers last week that several investors were eyeing possible moves on the firm.
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Jonathan Sheikh-Miller, Deputy EditorMonday, October 01 - 2007 at 07:10 UAE local time (GMT+4)
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