Buy or Sell 10% of KPFI Shares (Treasury Shares)

KPFI Capital Increase – Reversal Private Placement-2019

Reversal of Private placement in the capital increase by 20% Further to the decision of the Company\'s Board of Directors at its meeting # 145 held on 10/02/2019 about the increase of the issued share capital by 20% through issuing of 60,000,000 shares and without issuance premium, Kuwait Pillars for Financial Investment Company KSC Closed announces that the Board of Directors has met on Sunday 16 June 2019 (meeting # 150) and decided to reverse its decision to increase the issued and paid up capital of the Company (from KD 30,000,000 to KD 36,000,000) due to non-coverage of the offering amount in the announced time frame.

KPFI Capital Increase – Private Placement-2019

Private placement in the capital increase by 20% Kuwait Pillars for Financial Investment Company announces the extension of invitation to its shareholders registered in the company’s shareholders list as of 28/03/2019 to subscribe to the capital increase by issuing of 60,000,000 shares at 100fils per share and without issuance premium from 12/05/2019 to 06/06/2019. In accordance with the resolution of the Board of Directors at its meeting # 145 held on 10/02/2019 and in accordance with the approval of the Extraordinary General Assembly held on 04/02/2018. To download the PPM and subscription form, please click on the following link: http://www.kuwaitpillars.com.kw/wp-content/uploads/2019/03/PPM-2019.pdf