16 February 2016
Almowazi.com published a specialized report focused on the Kuwaiti unlisted shareholding companies in 2015. The year 2015 witnessed an increase in the value traded of unlisted shareholding companies. Value traded jumped 38% to KWD 435.7 mn compared to KWD 313.3 mn in the previous year.Traded volume of unlisted companies increased by 1.24% reaching 4.910 bn shares compared to 4.850 bn in 2014. The trading volume was distributed among 320 companies compared to 301 companies in 2014 with a total number of transactions amounting to 2,519 across different sectors compared to 2,380 transactions in 2014.

2015 could be dubbed as the year of acquisitions due to growing momentum in trading and an increase in acquisitions on unlisted shareholding companies by new investors. 5 unlisted shareholding companies were behind the trading momentum in 2015 and they are; Rasameel Structured Finance Company, Al-Masaken United Real Estate Co., Agriculture food product Co. , Abyat Megastore Co and Mezzan Holding Co. (which was later listed in Kuwait Stock Exchange). The five companies above acquired 27% of the trading value amounting to KWD 118.7mn.

This leads to the following question - are current owners of successful unlisted companies willing to expand their success through cooperation with new investors?

On a negative note 2015 witnessed a decline in value of newly established companies- by excluding the capital of establishing Kuwait Airways Corporation which was valued at KWD 1.2 bn   the capital of newly established companies reached KWD 12 mn compared to KWD 411 mn in 2014.

Click here for more details


© Press Release 2016