Business


Al Anwar sells entire stake in Bank Sohar



Muscat: Al Anwar Holding sold its entire stake in Bank Sohar (18.85 million shares) for OMR4.32 million, at a price of 230 baisas per share.

OMR79,086 profit
As the shares were carried at a value of 225 baisas per share in the financials, the company booked a profit of OMR79,086, net of brokerage on this transaction, Al Anwar said in a disclosure statement posted on Muscat Securities Market (MSM) website.

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