Al Mudon International Real Estate Company KSCC (KWSE:ALMUDON) signed a contract to acquire 60% stake in Egyptian Saudi Real Estate Investment for KWD 7.5 million on December 25, 2013. The deal's financial impact will be reflected on Al Mudon International's financial statements on the date of finalizing the deal and transferring equity in Al Mudon International, either at the end of this first year or in the first quarter of financial year 2014.