Key Developments: Kuwait Finance House KSC (KFIN.KW)

KFIN.KW on Kuwait Stock Exchange

690.00KWf
18 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Kuwait Finance House KSC subsidiary to divest property portfolio
Saturday, 13 Dec 2014 07:00pm EST 

Kuwait Finance House KSC:Announces that its subsidiary will hold an auction to sell a number of it property portfolio, for a total value of 105 million Kuwaiti dinars.  Full Article

Fitch affirms Kuwait Finance House KSC ratings
Tuesday, 25 Nov 2014 05:42am EST 

Kuwait Finance House KSC:Says that Fitch Ratings has affirmed its long-term issuer default rating at "A+" with a stable outlook, short-term rating at "F1", viability rating to "bb", support rating at "1", and support rating floor at "A+".  Full Article

Kuwait Finance House KSC appoints chief executive officer
Saturday, 27 Sep 2014 08:00pm EDT 

Kuwait Finance House KSC:Appoints Mazen Saad Ali Al Nahed, as the company's chief executive officer, effective Oct. 1.  Full Article

Kuwait Finance House KSC sells stakes in Barwa Bank QSC
Saturday, 28 Jun 2014 08:00pm EDT 

Kuwait Finance House KSC:Announces that it has sold 14,798,738 shares in Barwa Bank QSC's share capital, for a total amount of 340,370,974 Qatari rials, equivalent to 26,259,621 Kuwaiti dinars.  Full Article

Kuwait Finance House KSC announces chief executive resignation
Saturday, 26 Apr 2014 08:00pm EDT 

Kuwait Finance House KSC:Announces that the company's chief executive, Mohammed Suleiman Abdul Aziz Al Omar, has resigned from his post, effective May 1 for retirement.  Full Article

Kuwait Finance House KSC announces bonus shares distribution date for FY 2013
Tuesday, 8 Apr 2014 01:01am EDT 

Kuwait Finance House KSC:Announces that the 13 percent bonus shares for the fiscal year ending Dec. 31, 2013 will be distributed on April 8. Beneficiaries of the dividends are the company's shareholders who are registered on the general assembly meeting, which was held on March 23.  Full Article

Kuwait Finance House KSC appoints chairman
Wednesday, 26 Mar 2014 05:48am EDT 

Kuwait Finance House KSC:Announces the appointment of Hamd Abdul Mohsen Al Marzouq as the company's chairman on March 26.  Full Article

Nafais Holding Co KSCC to sell 19.009 percent stake in public auction to Kuwait Finance House KSC
Saturday, 1 Mar 2014 07:00pm EST 

Nafais Holding Co KSCC:Announces that a public auction will be arranged on March 6 for the sale of 80,082,626 of the company's shares, equivalent to 19.009 per cent of the capital at a initial price of 0.09 Kuwaiti dinar per share.Says the seller is Aref Group Company and the buyer is Kuwait Finance House KSC.  Full Article

Kuwait Finance House KSC acquires Al Safah Commercial Tower
Saturday, 15 Feb 2014 07:00pm EST 

Kuwait Finance House KSC:Announces that it has acquired Al Safah Commercial Tower as result of a final settlement of indebtedness owed by a customer worth 11 million Kuwaiti dinar.  Full Article

Kuwait Finance House KSC recommends 13 percent cash dividends and 13 percent bonus shares for FY 2013
Tuesday, 4 Feb 2014 12:39am EST 

Kuwait Finance House KSC:Says that its Board of Directors has recommended the distribution of 13 percent cash dividends representing 0.013 Kuwaiti dinar per share, and 13 percent bonus shares, equivalent to 13 shares for each 100 shares owned, for the fiscal year ending Dec. 31, 2013.  Full Article

Kuwaiti bank KFH Q2 net profit rises 6.4 pct, misses estimates

DUBAI, July 21 - Kuwait Finance House (KFH) , the country's biggest Islamic lender, reported a 6.4 percent rise in second-quarter net profit on Monday, slightly below analysts' estimates.

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