Ream Real Estate Co K.S.C.P

Mubasher: Ream Real Estate Company announced that it will reschedule its existing debt with Warba Bank at a value of KWD 5.95 million. The debt covers one of the company’s investments in Kuwait, according to a bourse statement on Thursday.    The …

Mubasher: Boursa Kuwait announced that the shares of Ream Real Estate Company have resumed trading on Sunday, 22 December, after submitting its financial statements, according to the boursa’s statement on Sunday. It is noteworthy to mention that …

Mubasher: Ream Real Estate Company turned to loss during the third quarter of the fiscal year 2019, the company said in its financial statement. Ream Real Estate endured a loss of KWD 872,627 ($2.88 million) in the three-month period ended 30 …

Mubasher: Ream Real Estate Company said that talks with Warba Bank to settle debt instalments, according to a bourse statement. The talks with the lender are related to the repayment of KWD 600,000, including due financing costs, the real estate …

Mubasher: Abdullah Mohammed al Humaidi announced that he is committed to put forward an obligatory proposal to purchase all of Ream Real Estate Co’s shares by 1 March 2020 at most. The confirmation came in al Humaidi’s statement to Boursa Kuwait. …

Mubasher: The Capital Markets Court rejected the grievance submitted by Ream Real Estate Co against Kuwait’s Capital Markets Authority’s (CMA) rejection of the merger draft.   The decision of the CMA was issued on 20 June 2019, according to a …

Mubasher: Ream Real Estate Co. turned to loss during the second quarter of the fiscal year 2019, recording KWD 985,930 ($3.25 million). During the first six months of 2019, Ream Real Estate’s loss amounted to KWD 969,000, according to a bourse …

Mubasher: Boursa Kuwait announced that it has suspended trading on the stocks of Tamkeen Holding Co and Ream Real Estate Co as they had not submitted the financial statements for the period ended on 30 June 2019. Moreover, Ithmaar Holding and …

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 …

Mubasher: The financial statements of Ream Real Estate Co showed that the company posted a decrease of 89.1% in profits during the first quarter of 2019 compared to the same period last year. Earnings shrank to about KWD 16,930 ($55,800) in Q1-19 …

Mubasher: Ream Real Estate Co reported a 63.7% year-on-year profit surge during the fourth quarter of 2018. The firm’s profits amounted to KWD 330,650 ($1.09 million) in Q4-18, up from KWD 202,010 ($664,930) in Q4-17, according to a statement to …

Mubasher: The Kuwaiti Capital Market Authority (CMA) has rejected the merger between Ream Real Estate Co and International Resorts Company (IRC). The new combined entity, Resorts Holding, will write to the state-run regulator CMA to obtain the …

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 …

Mubasher: Ream Real Estate Co generated KWD 8 million after selling 27 contracts for residential and business facilities in the regions of Funaitees, Mahboula, and Ishbiliya. Twenty-five deals were sold in Funaitees with prices range between KWD …

Mubasher: Al Mal Investment said that its ordinary general meeting (OGM) has accepted the resignation of the current board of directors, according to a bourse statement on Wednesday. The shareholders have elected new board members, namely Ream …

Mubasher: The subsidiary of Ream Real Estate Co, Amlak services and Real Estate Consultancy, has signed an initial agreement with a leading real estate company in Egypt, according to a bourse disclosure on Monday. Ream clarified that the contract …

Mubasher: Ream Real Estate Co has accomplished 40% of Panorama Restaurants Complex in Abu Al Husaniyah area in Kuwait, Al Seyassah Newspaper reported. The CEO of Ream expects this project to be fully completed in the second quarter of fiscal year …

Ream’s profits plunged 56% year-on-year to KWD 308,060 in nine months

Mubasher: Ream Real Estate Company has signed a construction contract with United Emirates General Construction for the construction and maintenance of two of its projects. The deal worth KWD 1.8 million ($5.95 million) involves the Panorama and …

Mubasher: Ream Real Estate Co on Tuesday reported a 69.8% year-on-year decline in net profits for the second quarter of 2018, recording KWD 72,420 ($238,930) from KWD 240,16 ($792,340). Operating revenues fell by 36.6% in the three-month period …

Mubasher: Real Estate Asset Management (REAM) will hold a new auction on 4 July to sell 18 residential plots in different blocks in Abu Fatira area at a premium price of KWD 4.6 million. This is considered the fourth auction held by REAM since the …

Mubasher: Real Estate Asset Management (REAM) has signed a preliminary contract to sell properties owned by the firm, according to a bourse statement on Sunday. REAM said it will announce the financial impact of this agreement once the sale deal …

Mubasher: Real Estate Asset Management (REAM) on Thursday reported a 6.2% year-on-year increase in its profits for the fourth quarter of 2017. Profits recorded KWD 202,030 ($676,000) in Q4-17, up from KWD 193,080 ($646,000) in the same quarter a …

Mubasher: Real Estate Asset Management (REAM) has signed a credit facilities agreement with the Islamic Warba Bank for a total of KWD 11.59 million ($38.8 million). This agreement will boost REAM’s business to complete its projects and operating …