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Kuwait Finance House seals $125m private placement for financing Malaysian project
- Kuwait: Sunday, July 06 - 2008 at 16:40
- PRESS RELEASE
Kuwait Finance House (KFH) announced sealing a private placement via Al-Nebras 2 fund, which caters to VIP clients, to finance Alexander City project in Jahour province in Malaysia.
He said that KFH looks forward to providing modern logistic services in the city, in addition to developing industry, tourism, health and educational services, cultivation of land, and residential units.
Moreover, Al-Nesf said that KFH constantly works on creating prime investment opportunities via investment funds and portfolios, which are provided by private placement, in order to manage investment assets for the client, according to his requirements.
He added that the VIP department possesses a specialized team to serve clients effectively, privately and accurately, to meet their banking, financial and investment requirements. It also provides technical support like advisory services regarding global markets, currencies, investment funds, shares, etc.
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Posted by Medilyn Manibo, Assistant News Editor
