Al Mudon International Real Estate (ALMUDON) News - Mubasher Info
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Al Mudon International Real Estate

Last update: 15 March 2021 00:38 PM market time.
20.60
0.70
3.52%
Open 19.80
Previous Close 19.90
High 20.60
Low 19.00
Stock Statistics
Volume 1,151,400
Turnover 22,393.23
All data are 15 minutes late during market session

News

The announcement has no material impact on Al Mudon’s financial position
16 April 2020 00:47 PM Al Mudon’s chariman submits resignation
Mubasher: Al Mudon International Real Estate announced that the company’s chairman, Mohammed Adel Al Fahad, has submitted his resignation. Due to the current circumstances and the coronavirus consequences, the board of directors will meet later on …
Al Mudon’s profit declined by 16% in H1-19
15 August 2019 04:09 PM Al Mudon posts 42% YoY loss decline in Q2-19
Mubasher: Al Mudon International Real Estate reported a 42% year-on-year loss decline during the second quarter of 2019, recording KWD 12,180 ($40,052). In the first six months of 2019, Al Mudon’s profit declined by 16% to KWD 30,380, compared to …
Headquarters of Boursa Kuwait
15 August 2019 10:48 AM Financials disclosure period ends in Boursa Kuwait; stocks suspended
Mubasher: Boursa Kuwait announced that the period scheduled for listed companies to disclose their interim financial statements has ended. Following this announcement, trading on five stocks of companies listed on the stock exchange will be …
Al Mudon attributed the rise in 2018 losses to lower investments in JV
18 April 2019 10:14 AM Al Mudon deepens losses in 2018
Mubasher: Al Mudon International Real Estate reported a 48.9% year-on-year rise in losses during the fourth quarter of 2018. Al Mudon International’s losses amounted to KWD 495,420 ($1.63 million) in Q4-18, compared to KWD 332,830 ($1.1 million) …
The companies include Commercial Facilities and Ream Real Estate Co
1 April 2019 10:23 AM Boursa Kuwait suspends trading on 6 stocks
Mubasher: Trading on the stocks of Commercial Facilities, Ream Real Estate Co, Al Mudon International Real Estate (Al Mudon), Mushrif Trading and Contracting, and Ajwan Gulf Real Estate has been suspended until announcing their earnings statements …
Net losses amounted to KWD 21,060 in Q2-18
15 August 2018 05:09 PM Al Mudon’s losses grow 6% in Q2
Mubasher: Al Mudon International Real Estate (Al Mudon) on Wednesday posted a 5.5% year-on-year increase in losses for the second quarter of 2018. Net losses amounted to KWD 21,060 ($69,540) in Q2-18, compared to KWD 19,970 ($65,940) in Q2-17, …
The capital hike will be by 290% or KWD 29 million
28 September 2017 10:53 AM Al Mudon to consider capital hike mid-October
Mubasher: Al Mudon International Real Estate will hold its ordinary and extraordinary general meetings (OGM) and (EGM) on 16 October to discuss the board’s recommendation of raising the capital. Al Mudon’s board members have proposed raising the …
The raise will be by 290% of capital
30 August 2017 10:38 AM CMA approves Al Mudon capital hike
Mubasher: Al Mudon International Real Estate Company has received on 27 August the Capital Markets Authority’s (CMA) approval for raising the company’s capital to KWD 39 million from KWD 10 million, according to a bourse filing issued on …
Photo Credit: Arabianeye-Reuters
19 March 2017 11:18 AM Al Mudon Q4 financials turn profitable
Mubasher: Al Mudon International Real Estate achieved profits worth around 409,500 ($1.34 million) during the fourth quarter of 2016 against losses of approximately KWD 730,500 ($2.39 million) in the same period a year ago. During the fiscal year, …
The company's losses also retreated 64.2% to KWD 75,290 in the first nine months of 2016- (Photo credit: Arabianeye - Reuters)
14 November 2016 02:48 PM Al Mudon’s losses shrank 87% in Q3
Kuwait – Mubasher: Al Mudon International Real Estate's losses declined 87.3% year-on-year to KWD 5,020 ($16,520) in the third quarter of 2016 from KWD 39,520 ($130,040). The company's losses also retreated 64.2% to KWD 75,290 in the first nine …
Photo Credit: Arabianeye-Reuters
10 November 2016 05:01 PM Kuwaiti firms comment on EGP float impact
Kuwait – Mubasher: After the Central Bank of Egypt decided to float the local currency, a number of Kuwaiti firms has been announcing the financial impact from taking this step. The recent Kuwaiti companies which recently commented on this …
Trading volume reached 8.8 million shares (Photo credit: Arabianeye - Reuters)
19 September 2016 11:55 AM Al Mudon stock logs 2nd highest trading activity in 2016
Kuwait – Mubasher: Al Mudon International Real Estate’ stock registered on Monday its second highest trading activity this year. The stock made the highest trading volume of 8.8 million shares, representing 24.5% of the total trading volume of the …
Photo Credit: Arabianeye-Reuters
28 March 2016 00:44 PM Al Mudon’s losses deepen 108% in Q4
Kuwait-Mubasher: Al Mudon International Real Estate posted losses worth about KWD 744,050 in the fourth quarter of Q4-15, compared to nearly KWD 6,880 in Q4-14; an increase of 108%. Meanwhile, the company’s financial statements turned negative …
Photo Credit: Arabianeye-Reuters
16 August 2015 08:21 AM Changes in KSE equities Thursday
Kuwait-Mubasher: Shareholders of some Kuwait-listed companies changed their equities on Thursday as Kuwait Finance House lowered its stake in Nafais Holding by 0.54% to 18.47% from 19%. Abdul Majeed Abdul Razak raised its stake in Danah Al Safat …
Photo Credit: Arabianeye-Reuters
12 August 2015 09:00 AM Changes in KSE equities Tuesday
By:Mahmoud Gamal  Kuwait-Mubasher: The Kuwait Stock Exchange (KSE) showed a number of changes in equity ownership on Tuesday, as Mohammed Abdul Aziz Al-Otaibi exited Zima Holding after divesting his entire stake of 6.5%. Burooj Real Estate reduced …
Photo Credit: Arabianeye-Reuters
9 August 2015 08:46 AM Burooj Real Estate reduces stake in Al Mudon
Kuwait Stock Exchange showed on 9 August that Burooj Real Estate Investment Company decreased its stake in Al Mudon International Real Estate Company to 10.071%, a decline of 0.766%. Al Mudon posted 52.4% fall to about KWD 297,500 in earnings for …
Photo Credit: Arabianeye-Reuters
12 July 2015 09:45 AM Al Iqleem Real Estate sells 6.78% stake in Al Mudon
By: Mahmoud Gamal Kuwait-Mubasher: Shareholders of some Kuwait-listed companies changed their equities on 9 July as Al Iqleem Real Estate Company sold its 6.78% stake in Al Mudon International Real Estate. Reda Ibrahim Reda Abdel Hady cut its …
Photo Credit: Arabianeye-Reuters
5 July 2015 09:58 AM Al Iqleem ups Al Mudon stake to 6.780%
Kuwait Stock Exchange (KSE) equity ownership ratios witnessed a number of changes by the end of Thursday's 2 July trading session. Mubasher quoted official data showing that Al Iqleem Real Estate Co. raised its stake in National International …
Photo Credit: Arabianeye-Reuters
25 June 2015 09:14 AM Changes in KSE equities Thursday
The Kuwait Stock Exchange (KSE) showed some changes in equity ownership on 24 June, as Kuwait Finance House (KFH) decreased its stake in Aviation Lease and Finance Company to 53.04% from 53.69%, down 0.65%. Al-Iqleem Real Estate Company saw its …
Photo Credit: Arabianeye-Reuters
22 June 2015 09:39 AM Al-Iqleem narrows stake in Al Mudon Real Estate
The Kuwait Stock Exchange’s (KSE) showed two changes in equity ownership on 21 June, as Al-Iqleem Real Estate shrank its stake in Al Mudon International Real Estate to 6.9% from 9.5%, down 2.6%. Reda Ibrahim Reda Abdul-Hadi increased its stake in …
Photo Credit: Arabianeye-Reuters
17 June 2015 02:45 PM Al Mudon to sell property for KWD 1.05m
Al Mudon International Real Estate board gave a nod to selling property in Kuwait for KWD 1.05 million to an unknown buyer, according to a filing to the Kuwaiti bourse.Following the deal, the company may suffer KWD 150,000 in losses, said Al Mudon …
Photo Credit: Arabianeye-Reuters
16 June 2015 08:34 AM Changes in KSE equities Monday
Kuwait Stock Exchange (KSE) website displayed a number of changes in equity ownership ratios by the end of Monday's trading session.Mubasher quoted official data showing that Kuwait's public Institution for social security (PISS) has cut its stake …
Photo Credit: Arabianeye-Reuters
15 June 2015 08:22 AM Iqleem buys new stake in Mudon
Kuwait-Mubasher: The Kuwait Stock Exchange (KSE) website showed a number of changes in equity ownership on Sunday, as Al Iqleem Real Estate Company bought a 9.5% stake in Al Mudon International Real Estate.Mohamed Ibrahim Abdulaziz Al Rumaih …
Photo Credit: Arabianeye-Reuters
16 April 2015 07:57 AM Jimbal keeps shrinking stake in NIH
Kuwait Stock Exchange’s (KSE) equity ownership saw some changes on 15 April, as Jimbal Holding continued to reduce its stake in National International Holding (NIH) to 13.913% from 15.583%, dropping 1.67%. Stock Parallel for General Trading and …
Photo Credit: Arabianeye-Reuters
15 April 2015 08:34 AM Jimbal continues to shrink stake in NIH
Kuwait Stock Exchange’s (KSE) equity ownership of four listed companies saw some changes on 14 April, as Stock Parallel for General Trading and Contracting increased its stake in Al-Mudon International Real Estate to 9.340% from 7.780%.Jimbal …