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Nov 15 2009

KCIC to list shares on Kuwait Stock Exchange on 24 November

Kuwait, November 15, 2009 -- KCIC , an investment firm specializing in investments in Asia, announced today it has received the final regulatory approval from the Kuwait Stock Exchange to list its shares on the 24th November 2009.

Based in Kuwait, KCIC invests in domestic demand driven sectors in Asia, namely energy, real estate, agriculture, infrastructure, and financial services.

KCIC was established in 2005 with a capital of USD 278 million, half of which were raised by a private placement while the other half was raised by 23 founding shareholders, such as, the Kuwait Investment Authority - the Sovereign Wealth Fund of Kuwait, National Investment Company - one of the leading investment banks in the Middle East, and Al Ghanim Industries - one of the largest conglomerates in the Middle East.

-Ends-

Reporters may contact:
Fawaz Al-Sirri
Bensirri PR
+965 66622448
fawaz@bensirri.com

© Press Release 2009

© Copyright Zawya. All Rights Reserved.


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