17.12.2009 - KFH pulls out of Malaysia property deal
From Themalaysianinsider.com: The Malaysian unit of Kuwait Finance House has pulled out of a RM920 million deal to buy part of an office tower from a local property developer. Malaysia’s YNH Property Bhd told the stock exchange late yesterday that Kuwait Finance House Malaysia (KFHM) had informed it that it would not proceed with the purchase.YNH Property also said it may seek legal demages from the Islamic bank......................................Full Article: Source
Print