Danah Al Safat Foodstuff

Mubasher: Danah Al Safat Foodstuff reported an increase of 286.5% in losses to KWD 3.24 million ($10.69 million) during the third quarter of 2019 when compared to about KWD 838,290 ($2.77 million) in the same quarter a year earlier. During the …

Mubasher: Danah Al Safat Foodstuff announced that it has signed a contract to sell the Egyptian Dairy and Foodstuff Co. (Edafco). The sale amount will be received after finalising the transfer of the ownership of shares with the official entities …

Mubasher: Boursa Kuwait announced that trading on Danah Al Safat Foodstuff’s stock will be resumed on Wednesday, 9 October 2019. The bourse’s decision to put the stock back for trading followed the completion of the firm’s capital cut procedures, …

Mubasher: Boursa Kuwait announced a trading halt of Danah Al Safat Foodstuff’s stock as of Wednesday, 2 October 2019, until Tuesday, 8 October. The suspension is based on the decision taken by Danah Al Safat’s ordinary general meeting’s (OGM) to …

Mubasher: The shareholders of Danah Al Safat Foodstuff have approved on Sunday to reduce the capital by 10.19% to KWD 12.168 million from KWD 10.928 million. The capital cut will be executed by trimming the accumulated losses of nearly KWD 239,504 …

Mubasher: Danah Al Safat Foodstuff announced turning into losses during the second quarter of 2019. The Kuwaiti firm suffered losses of KWD 1.547 million ($5.09 million) in the three-month period ended 30 June, against a profit of KWD 44,227 …

Mubasher: The board members of Danah Al Safat Foodstuff have recommended a capital reduction of KWD 1.24 million. Danah Al Safat’s board has also submitted its proposal to the Capital Markets Authority (CMA) to offset the accumulated losses as …

Mubasher: The board of Danah Al Safat Foodstuff agreed in principle to sell its stakes in two companies with a total value of KWD 950,000 ($3.13 million), the company said in a statement to Boursa Kuwait on Sunday. On Thursday, the company …

Mubasher: Danah Al Safat Foodstuff announced receiving two offers to acquire its stakes in Light Food Company and Egyptian Dairy and Foodstuffs (Edafco). The Kuwaiti company has received a purchase offer from Alteco Company to buy its entire stake …

Mubasher: Danah Al Safat Foodstuff posted a 21.2% year-on-year drop in losses for the first quarter of 2019. Net losses amounted to KWD 197,600 in Q1-19, compared to KWD 250,780 in Q1-18, according to a filing to Boursa Kuwait on Thursday. The …

Mubasher: The Capital Markets Authority (CMA) approved for Danah Al Safat Foodstuff to shrink its capital by 18.2%. Danah Al Safat will reduce the capital to KWD 12.168 million from KWD 14.875 million to offset its accumulated losses, according to …

Mubasher: The board members of Danah Al Safat Foodstuff have passed their recommendation of reducing the capital to offset the accumulated losses to the Capital Markets Authority (CMA). Danah Al Safat’s board proposed shrinking the capital to trim …

Mubasher: Danah Al Safat Foodstuff has completed all procedures required for selling its entire stake in Amaken United Real Estate. The Boursa Kuwait-listed company has received KWD 2.4 million in return for the sale deal, according to a bourse …

Mubasher: Danah Al Safat Foodstuff announced its board members’ approval of an offer proposed by Overland Real Estate Co. to purchase Danah’s entire stake in Amaken United Real Estate. The offer includes buying 8.534 million of Danah’s equity in …

Mubasher: The stock of Danah Al Safat Foodstuff started Thursday’s session lower, plummeting 71.22% after the stock resumed trading following the completion of the procedures pertaining to reducing its capital. Danah Al Safat lost about 100 fils …

Mubasher: Boursa Kuwait announced that the trading on Danah Al Safat Foodstuff’s shares to resume on Thursday, 5 April. This decision followed the completion of decreasing Danah Al Safat’s capital, according to a bourse statement on Wednesday. In …

Mubasher: Danah Al Safat Foodstuff on Thursday reported a 101.3% year-on-year hike in losses for the fourth quarter of 2017 to KWD 4.77 million ($15.96 million), compared to KWD 2.37 million ($7.93 million) in Q4-16. Net loss stood at around KWD …

Mubasher: Danah Al Safat Foodstuff announced that it has received the last instalment from selling its stake in F&B Venture Holding – Lebanon. This instalment is worth $3.323 million or about KWD 994,730, according to a bourse statement on Sunday. …

Mubasher: The ordinary general meeting (OGM) of Danah Al Safat Foodstuff approved on Thursday, 15 February, to decrease its capital by 48.48%. Danah Al Safat will shrink its capital by KWD 14 million to KWD 14.875 million from KWD 28.875 million …

Mubasher: Danah Al Safat Foodstuff Company said that it had received Kuwait's Capital Markets Authority (CMA) approval for reducing the company’s capital by 48.5%. The company's capital will be cut by KWD 14.88 million to KWD 14.88 million from …

Mubasher: Danah Al Safat Foodstuff on Wednesday has transferred its stake in F&B Venture Holding – Lebanon to Al Miqat Incorporation, according to a bourse statement issued on Thursday. The Kuwaiti company, Danah Al Safat has received $44.3 …

Kuwait – Mubasher: Danah Al Safat Foodstuff has sold its stake in F&B Venture Holding, according to a filing to Boursa Kuwait on Thursday. The financial impact of the transaction is the same as announced at the end of March, namely a loss of KWD …

Kuwait – Mubasher: The extraordinary general meeting (EGM) of Danah AlSafat Foodstuff on Wednesday approved selling its entire stake in the Lebanese firm F&B Venture Holding, according to a bourse filing. The Kuwaiti company had previously …

Kuwait – Mubasher: The board members of Danah Al Safat Foodstuff on Tuesday held a meeting to overview the final draft of selling the company’s entire stake in the Lebanese firm F&B Venture Holding, according to a bourse statement issued on …

Mubasher: Danah Al Safat Foodstuff will hold its extraordinary general meeting (EGM) on 10 May to consider selling its entire 100% stake in the Lebanese firm F&B Venture Holding, according to a bourse statement issued on Tuesday. The Kuwaiti …