Amar Finance & Leasing Co. KsccKSE: AMAR

Amar Finance And Leasing To Enter Investment Opportunity In Establishing SPV In BVI

· Issued by Amar Finance & Leasing Co. Kscc

AMAR FINANCE AND LEASING COMPANY KSCP KSE:AMAR:

  • BOARD APPROVES TO ENTER INTO INVESTMENT OPPORTUNITY IN ESTABLISHING A SPV IN BRITISH VIRGIN ISLAND

  • COMPANY SHARE IN CAPITAL OF SPV TO BE $5 MILLION

  • TO HOLD 38.46% STAKE IN SPV

  • EXPECTS AN AVERAGE ANNUAL RETURN ON INVESTMENT OF 9% OVER INVESTMENT PERIOD

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