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Kuwait China to be named as Asiya

Kuwait China to be named as Asiya
Photo Credit: Arabianeye-Reuters
ASIYA
ASIYA
-1.44% 41.00 -0.60

Kuwait China Investment declared that the company’s name will change to Asiya Capital Investments Company, based on the ordinary general meeting held on 23 December, 2014.

Such change in the company’s name will be effective starting from 23 April, 2015, with the name shortened to Asiya.

Kuwait China posted earnings worth KWD 1.77 million ($5.89 million) in 2014, compared to KWD 1 million ($3.36 million) in 2013.

The KSE-listed firm’s capital stands at KWD 80 million, distributed on 800 million shares with a par value of 100 fils per share.