Al Aman Investment

Mubasher: The Securities House on Monday announced the completion of the legal procedures of its merger with Al Aman Investment, according to a statement to Boursa Kuwait. Moreover, a share swap of 74.865 million shares of Al Aman’s capital, owned …

Mubasher: The Securities House has declared its merger resolution with Al Aman Investment. Accordingly, the merger procedures will be carried out, subject to the approval of Kuwait’s Capital Markets Authority (CMA), according to a bourse statement …

Mubasher: Boursa Kuwait will stop trading activities on Al Aman Investment's stock as of Monday, 2 March 2020.   The decision is a result of the company’s merger with The Securities House, the bourse said on Monday.     Earlier this month, Al Aman …

Mubasher: Al Aman Investment on Sunday has published the decisions made by the extraordinary general meeting (EGM) concerning the proposed merger with The Securities House in Kuwait’s official gazette, Al Kuwait Al Yawm.         The merger …

Mubasher: The extraordinary general meeting of The Securities House approved the contract proposal for the signed merger with Al Aman Investment. Securities House, which owns 50% of Al Aman’s KWD 15 million, will be the merging company, while Al …

Mubasher: The board of directors of The Securities House approved the merger contract with Al Aman Investment. The board gave the green light for the swap ratio of 1.402:1 for the merger between The Securities House and Al Aman Investment, …

Mubasher: Al Aman Investment reported losses of KWD 96,000 ($317,100) in the third quarter of the year, versus earnings of KWD 131,000 ($432,700) for the corresponding period in 2018, as shown by the company’s financial statements. In the …

Mubasher: The board of The Securities House approved to submit a recommendation to the ordinary general meeting (OGM) to increase the firm’s authorised, issued, and paid-up capital by issuing 105 million new shares.           The new capital will …

Mubasher: Al Aman Investment, which is a subsidiary of The Securities House, on Thursday announced it has completed the acquisition of a local company specialised in the education field through investing in a joint venture (JV), First Education …

Mubasher: Al Aman Investment said it repaid a KWD 10 million loan to a local bank on Monday, 20 May. The financial impact of this settlement is a credit facility cost worth KWD 23,410 that will be realised in the company’s consolidated financial …

Mubasher: Kuwait-based Al Aman Investment reported a 10% year-on-year increase in profits during the first quarter of 2019. The company’s profits reached KWD 914,810 ($3.02 million) in Q1-19, compared to KWD 831,960 ($2.74 million) during Q1-18, …

Mubasher: Al Aman Investment signed a credit facilities agreement with a local bank for a total value of KWD 10 million ($33 million). The financial impact of these credit facilities will be registered in the company’s consolidated income …

Mubasher: Al Aman Investment’s board of directors approved to obtain up to KWD 10 million credit facilities from Kuwaiti banks during a meeting held on Tuesday. The loans will be allocated for domestic investments, according to a statement to …

Mubasher: Al Aman Investment on Sunday reported a 29.9% year-on-year decrease in losses during the fourth quarter of 2018. Al Aman Investment’s losses amounted to KWD 176,000 ($580,700) during Q4-18, down from KWD 251,000 ($828,100) in Q4-17, …

Mubasher: Al Aman Investment posted a decline of 18.4% in profits to KWD 131,000 ($432,000) during the third quarter of 2018 compared to about KWD 160,600 ($529,600) in the same period a year ago. During the nine-month period in 2018, Al Aman …

Mubasher: Al Aman Investment announced that it has acquired a controlling stake in Al Mathaaq Holding Company for a total value of KWD 1.672 million ($5.54 million). The financial impact of this transaction cannot be determined in the current …

Mubasher: Boursa Kuwait announced that it will suspend the trading on Al Aman Investment starting from Sunday, 13 May until Wednesday, 16 May. This decision was made based on Al Aman’s ordinary general meeting’s (OGM) resolution to reduce the …

Mubasher: Al Aman Investment announced that The Securities House has purchased 100,000 shares in Al Aman during the trading session on Monday, 7 May 2018. The transaction was executed at 60 fils per share at a total value of KWD 6,000. Securities …

Mubasher: Al Aman Investment announced that its ordinary general meeting (OGM) approved a capital reduction of KWD 4.65 million. The Boursa Kuwait-listed company will shrink the capital to KWD 15 million from KWD 19.65 million, according to a …

Mubasher: The board members of Al Aman Investment have recommended shrinking capital by 23.7% to KWD 15 million from KWD 19.65 million, according to a bourse statement on Thursday. The capital decrease will be executed through cancelling 16.48 …

Mubasher: Al Aman Investment has assigned the activities of the CEO to its board member Yousef Ibrahim Al Ghanim as a temporary action. This new position will be effective starting from 1 January 2018, until the company appoints a new CEO. Al …

Mubasher: Al Aman Investment reported profits of KWD 500,600 ($1.65 million) in the nine-month period that ended 30 September 2017, versus losses of nearly KWD 30,500 ($101,000) for the same period last year, according to a bourse filing. The …

Kuwait – Mubasher: Al Aman Investment achieved profits during the first quarter of 2017 versus losses in the same period of the prior year. The company recorded a profit of nearly KWD 400,420 ($1.32 million) in Q1-17, against losses worth about …

Kuwait – Mubasher: Al Aman Investment posted KWD 341,000 ($1.12 million) profits in the fourth quarter of 2016 against KWD 179,000 ($586,410) in the year-ago period. The company's profits declined 79% to KWD 310,000 in 2016 from KWD 1.47 million …

Mubasher: The Securities House said that the board members agreed on the merger with Al Aman Investment, according to a bourse statement issued on Wednesday. On 28 November, Al Aman said that The Securities House has purchased about 249,400 shares …