Specialities Group Holding (SPEC) News - Mubasher Info
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17 June 10:02 AM

Specialities Group Holding (SPEC`R)

Last update: 09:48 AM market time.
228.00
60.00
35.71%
Open 235.00
Previous Close 168.00
High 235.00
Low 227.00
Stock Statistics
Volume 50,753
Turnover 11,725.20
All data are 15 minutes late during market session

News

Net profits amounted to KWD 507,960 ($1.67 million) in Q2-19
4 August 2019 00:10 PM Specialities Group’s Q2 profits grow 33%
Mubasher: Specialities Group Holding (SPEC) posted a 32.8% year-on-year profit increase during the second quarter of 2019. Net profits amounted to KWD 507,960 ($1.67 million) in Q2-19, compared to KWD 382,600 ($1.26 million) in Q2-18, according to …
Financial Results
The rise in Q1 profits is attributed to lower operating expenses
5 May 2019 11:11 AM Specialities Group Q1 profits grow 5.2% YoY
Mubasher: Specialities Group Holding registered an increase of 5.2% in profits during the first quarter of 2019 compared to the first three months last year. Profits rose to about KWD 237,440 ($783,150) in Q1-19 from nearly KWD 225,750 ($744,600) …
Financial Results
The agreement will not affect the current financial position of the group
7 April 2019 10:19 AM Specialities Group’s unit inks KWD 4.25m deal with KPA
Mubasher: Kuwait-based Specialities Group Holding on Sunday announced that its subsidiary Alghanim Specialities Co signed a KWD 4.25 million contract with Kuwait Port Authority (KPA). The deal involves operating and maintaining bridge cranes and …
Companies Investments
Archive photo of Specialities Group's meeting
21 February 2019 04:17 PM Specialities Group FY18 financials turn profitable
Mubasher: Specialities Group Holding registered a positive performance during the fourth quarter and fiscal year 2018 when compared to the losses incurred in the corresponding periods a year ago. In the fourth quarter of 2018, Specialities Group …
Financial Results
The accumulated losses will be offset from the issue premium of KWD 15.6 million
2 May 2018 03:58 PM Specialities Group’s OGM nods to trimming losses
Mubasher: The ordinary general meeting (OGM) of Specialities Group Holding approved not to distribute cash dividends for fiscal year 2017. Specialities Group agreed to offset the accumulated losses until 31 December 2017 at a total value of KWD …
Corporate Actions
Specialities Group will reduce an amount in the KWD 15.59 million issue premium
16 April 2018 04:48 PM Specialities Group to consider offsetting KWD 3m losses
Mubasher: Specialities Group Holding will hold its ordinary general meeting on 2 May to discuss the board’s recommendation of offsetting the company’s losses until 31 December 2018. The company’s losses until the end of fiscal year 2017 on 31 …
Board of Directors
The contract has been amplified by KPA at a total value of KWD 746,360
6 February 2018 09:18 AM KPA renews KWD 746 contract for Specialities Group’s unit
Mubasher: Specialities Group Holding on Tuesday announced that Kuwait Port Authority (KPA) has agreed to extend Specialized Construction General Trading and Contracting Co’s contract for six months starting from 21 March 2018. The contract has …
Companies Investments
No financial impact is expected in the current time
20 November 2017 04:10 PM Court orders Saudi firm to pay SAR 30m to Kuwait’s Specialities
Mubasher: Specialities Group Holding disclosed that the court has issued a ruling in favor of the Kuwaiti company Specialities Group Holding, and against Warehousing Projects and Logistics Co, a Saudi firm. The court ordered Warehousing Projects …
Law
The project’s duration is estimated to last for 36 months
16 October 2017 11:38 AM Specialities Group subsidiary inks KWD 5.41m deal
Mubasher: Specialities Group Holding said that its 99%-owned subsidiary, Specialized Construction General Trading and Contracting Co, has signed a tender contract with the Kuwait Ports Authority for KWD 5.41 million. The subsidiary is expected to …
Companies Investments
NIH owns the largest stake of 29.5% in Specialities Group
2 October 2017 11:29 AM Specialities Group shareholders elect new board
Mubasher: The ordinary general meeting (OGM) of Specialities Group Holding on Sunday approved the resignation of its board members, and electing a new board of directors. The new board consists of five members, including Al Ola National Real …
General Assembly
A previous general meeting
23 August 2017 00:51 PM Specialities Group board resigns
Mubasher: Specialities Group Holding on Wednesday announced the resignation of its board members for personal reasons. The board assigned Mubarak Al Waqyan, the group CEO, to complete the legal procedures required to call for an ordinary general …
Management Decisions
The shares have been sold to National International Holding Company at a price of 160 fils per share
14 August 2017 04:51 PM KFH sells stake in Specialties for KWD 7m
Mubasher: Kuwaiti Finance House (KFH) on Monday announced that it sold its stake in Specialties Group Holding, representing 44.25 million shares or 29.5%, through an auction held on Thursday, 10 August. The shares have been sold to National …
Mergers and Acquisitions
National International Holding purchased 44.25 million shares of Specialities Group Holding, Boursa Kuwait on Thursday said
10 August 2017 08:40 PM National International Holding purchases 29.5% of Specialities Group shares
Kuwait – Mubasher: National International Holding purchased 44.25 million shares of Specialities Group Holding, Boursa Kuwait on Thursday said. The sold shares represented 29.5% of Specialities Group Holding’s capital, and the initial selling …
Corporate Actions
Specialities Group Holding will discuss the company's financial statements for the second quarter ended June 2017 on 26 July
23 July 2017 10:50 AM Specialities Group to discuss Q2 financials 26 July
Kuwait – Mubasher: Specialities Group Holding on Sunday reported that it will discuss the company's financial statements for the second quarter ended June 2017 on 26 July, according to a bourse filing. The Kuwait-listed firm recorded profits of …
Event
The tender covers developing phase II of Doha Port
11 June 2017 02:39 PM Specialities Group unit wins KWD 5.4m tender
Kuwait – Mubasher: Specialized Construction General Trading and Contracting Co, a 99%-owned subsidiary of Specialities Group Holding, received a letter of award for a tender worth KWD 5.4 million. The tender covers developing phase II of Doha …
Companies Investments
Photo Credit: Arabianeye-Reuters
10 May 2017 09:40 AM Specialities Group Q1 financials turn profitable
Kuwait – Mubasher: Specialities Group Holding achieved a profit of approximately KWD 150,810 ($494,310) during the first quarter of 2017 versus a loss of nearly 120,220 ($394,050) in the same period of the prior year. The operating profit went up …
Financial Results
Photo Credit: Arabianeye-Reuters
30 April 2017 03:47 PM Specialities Group nods to losses offset, zero dividends
Kuwait - Mubasher: The ordinary general meeting (OGM) of Specialities Group Holding approved offsetting the accumulated losses of KWD 4.36 million, according to a bourse statement issued on Sunday. The offset will include about KWD 473,320 in …
Management Decisions
Photo Credit: Arabianeye-Reuters
22 March 2017 02:18 PM Specialities to sell stake in Equipment to oil firm
Mubasher: Specialities Group Holding has signed an agreement with Kuwaiti for Oil Fields Processing Co to exit its entire stake in Equipment Holding, according to a bourse statement issued on Wednesday. Specialities owns a total of 40.85 million …
Corporate Actions
Specialities Group incurred losses of KWD 3 million in 2016 (Photo Credit: Company Website)
27 February 2017 09:14 AM Specialities Group losses widen in Q4
Kuwait – Mubasher: Specialities Group Holding posted a 54.2% year-on-year rise in its losses during the fourth quarter of 2016, according to a bourse statement. Losses reached KWD 2.59 million ($8.48 million) in Q4-16, compared to KWD 1.68 million …
Financial Results
Specialities Group started Sunday’s trading session higher (Photo Credit: Arabianeye-Reuters)
22 January 2017 09:05 AM Specialities Group unit wins KWD 4.75m tender
Kuwait – Mubasher: Specialities Group Holding said that its 99%-owned subsidiary, Specialized Construction General Trading and Contracting Co, was awarded a tender worth KWD 4.75 million, according to a bourse filing issue don Sunday. On the stock …
Companies Investments
The tender is for a project by Kuwait Oil Company (Photo Credit: Arabianeye-Reuters)
14 December 2016 10:17 AM Specialities Group unit wins KWD 8.91m tender
Kuwait – Mubasher: Specialities Group Holding said that its subsidiary, Specialities Energy, was awarded a tender worth KWD 8.91 million ($29.1 million). The tender is for a project by Kuwait Oil Company (KOC) which requested a banking guarantee …
Companies Investments
Net losses for the first nine months of 2016 reached KWD 414,640 (Photo credit: Company's website)
13 November 2016 04:01 PM Specialities Holding Q3 losses deepen 187%
Kuwait – Mubasher: Specialities Group Holding Company’s losses for the third quarter of fiscal 2016 widened by 186.5% to KWD 279,640 ($920,170), compared to KWD 97,600 ($321,160) for Q3-15. Net losses for the first nine months of 2016 reached KWD …
Financial Results
The contract is worth KWD 10.75 million (Photo Credit: Arabianeye-Reuters)
30 October 2016 09:36 AM Specialities unit inks KWD 10.75m deal
Kuwait – Mubasher: Specialities Group Holding said that its 99%-owned subsidiary Specialized Construction General Trading and Contracting Co has signed a contract for a tender offered by Kuwait Institute for Scientific Research. The contract is …
Companies Investments
Specialities Holding unit awarded KWD2.343m contract
24 October 2016 04:38 PM Specialities Holding unit awarded KWD2.343m contract
Kuwait – Mubasher: Specialities Group Holding said its subsidiary, Specialized Construction, was awarded a contract worth KWD2.343 million ($15.66 million). The contract comes in respect to carrying out the maintenance works of health care unit …
Corporate Actions
The tender contract covers investments in the fish production field (Photo Credit: Arabianeye-Reuters)
16 October 2016 11:10 AM Specialities Group unit wins KWD 4.75m tender
Kuwait – Mubasher: Specialities Group Holding said that its subsidiary Specialized Construction General Trading and Contracting was awarded a tender worth KWD 4.75 million ($15.67 million). The tender contract covers investments in the fish …
Companies Investments