Formerly Known As
Kuwait Investment Projects Company until 1999
Principal Activities
Provides direct investments in various sectors; private equity investments.
Date of Establishment Year
1975 (August)
No of Employees
45 Company, 8,000 Group (As of Nov 29, 2011)
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Address:
Al Shaheed Tower 15th-18th Floor Khaled Bin Al Walid Street Al Sharq Area P.O. Box 23982 Kuwait City Safat 13100 Al Assimah Kuwait Tel: +965 180-5885 Fax: +965 2243-5790 Email:
kipco@kipco.com
Website:
www.kipco.com
Acquistion
Status
Complete
Acquirer
Target
Announcement Date
25 Jan 2011
Closing Date
25 Jan 2011
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Major Shareholders  |
Section Updated: 30Nov11
|
|
|
|
|
|
|
Al Futtooh Holding Company
|
Corporate |
Kuwait |
49.00% |
|
United American Company for Real Estate Services
|
Corporate |
Kuwait |
12.70% |
|
Bahaeddine Rafik Al Hariri
|
Private |
Lebanon |
5.04% |
|
Public
|
|
- |
33.26% |
100%
GCC Nationals
100%
Foreigners
|
Auditors
| RSM Albazie and Company |
Ernst and Young Al Aiban Al Osaimi and Partners |
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
KWD'000 |
KWD'000 |
change (%) |
Total revenues  |
268,519
|
366,827
|
36.61 |
Net profit  |
36,810
|
45,027
|
22.32 |
| Total assets |
5,326,765
|
5,661,163
|
6.28 |
| Paid-up capital |
115,458
|
121,231
|
5.00 |
| Shareholders' Equity |
544,327
|
559,940
|
2.87 |
| Shares outstanding |
1,065,971
|
1,122,625
|
5.31 |
| Market capitalization |
492,479
|
488,342
|
(0.84) |
| Note: Current shares outstanding is 1,272,927,506 |
| » View Full Financials |
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