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عربي

Kuwait Projects Company (Holding)

   (KPROJ.KSE)
Also known as: KIPCO, Kuwait Projects Company
Last Trade
0.320KWD
0.00%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Nov 30, 2011
 
 
 
Country

Kuwait

Ownership Type
Company Type
Joint Stock
 
 
 
 
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)
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Kuwait SE  KPROJ KPROJ.KSE Ordinary KWD
 
 
Contact Details
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

 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
25 Jan 2011
 
Closing Date
25 Jan 2011
 
 
 Major Shareholders  Section Updated: 30Nov11
Name   Type  Country  Holding 
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% 
 
 
 Foreign Ownership Limits
 
Owned Permitted
100%
GCC Nationals
 
100%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Hunter Capital Company United States 100.00%
United Gulf Management (Boston) United States 100.00%
United Gulf Management (London) United Kingdom 100.00%
Kuwait United Consultancy Company Kuwait 98.00%
United Gulf Bank [85.66% directly and 9.06% via Kuwait United Consultancy Company] Bahrain 94.72%
Orbit Showtime Network [via Panther Media Group] UAE 50.00%
Panther Media Group UAE 50.00%
Burgan Bank Kuwait 41.00%
United Industries Company Kuwait 40.07%
United Real Estate Company Kuwait 33.11%
Takaud Savings and Pensions Bahrain -
 
 
 Representatives
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)
» View Full Financials