Transactions

A Legacy of Success and Experience

We at Al-Mal pride ourselves with a long and successful track record in developing and executing investment and financial transactions in Kuwait and the region. Our Al-Mal team has worked with a number of high profile companies whose transactions resulted in considerable increase in value for the shareholders. We are looking forward to putting our experience and resources to work for you.

Kuwait Pipes Industries & Oil Services Company KSCC

Date : 12 - March - 2016

Kuwait Pipes Industries & Oil Services Company KSCC

Kuwait Pipes Industries & Oil Services Company KSCC (“Kuwait Pipes”) contracted Al Mal Investment Company KPSC (“Al Mal”) to assist Kuwait Pipes in holding its Extra Ordinary General Assembly to increase its paid up capital from KD 22.5 million to KD 112.6 million under a debt-equity swap with major local financial institutions, amongst obtaining other approvals.

Al Mal successfully liaised with Kuwait Pipes, legal counsel, Lead Manager (for increase in capital), Capital Markets Authority (“CMA”) and the Ministry of Commerce & Industry (“MOCI”) in completing the required legal formalities and obtaining necessary approvals from CMA and MOCI in record time.

Takharoj


  • Gulf Road - Ahmad Tower - 22nd floor  
  • P.O. Box 26308 Safat 13124 Kuwait
  • Tel : +965 22254800
  • Fax : +965 22254888
  • Takharoj@almal.com.kw

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