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18 January 06:08 PM

Kamco Investment (KAMCO`R)

Last update: 15 January 01:13 PM market time.
212.00
93.00
78.15%
Open 211.00
Previous Close 119.00
High 215.00
Low 207.00
Stock Statistics
Volume 272,550
Turnover 57,394.34
All data are 15 minutes late during market session

News

Photo Archive
26 December 2024 05:54 PM Two GCC banks witness 100% acquisition transaction
Mubasher: Burgan Bank has recently received the final approval from the Central Bank of Kuwait (CBK) to acquire 100% stake in United Gulf Bank (UGB), a licensed conventional wholesale bank headquartered in Bahrain. The execution of this …
Mergers and Acquisitions
Sukuk maturities are predicted to be at $115.7 billion over the next five years.
30 December 2020 01:58 PM GCC governments could see $157.1bn in fixed income maturities in 5 yrs
Riyadh – Mubasher: GCC governments are expected to see $157.1 billion in fixed income maturities over the next five years (2021-2025) whereas corporate maturities stand at $164.3 billion, Kamco Invest said in a report on Wednesday. A majority of …
Bonds
Kamco Invest acted as investment banker to deals worth $23 billion
6 October 2020 00:54 PM Kamco Invest advises on stake sale in Egypt’s Al-Tayseer Healthcare Group
Mubasher: Kamco Invest, listed on Boursa Kuwait, has taken on the role of exclusive sell-side advisor to Egypt’s Al-Tayseer Healthcare Group (THG) in the sale of a minority stake to the private equity fund of Egypt-based private equity firm …
Company News
The three properties are fully leased
14 July 2020 02:47 PM Kamco Invest acquires three properties in UK
Mubasher: Kamco Invest has acquired three office assets, comprised of two single-let properties in Bristol, England and Hamilton, Scotland; a Glasgow office submarket; and a multi-let property in Surrey. The three properties are fully leased, …
Companies Investments
Kamco Invest has AUMs of more than $13 billion as at 2019
12 July 2020 01:49 PM Global Saudi rebrands to Kamco Invest
Riyadh - Mubasher: Global Investment House Saudi (Global Saudi) has changed its legal name and brand to Kamco Investment Company in line with the group's strategy to operate under one unified brand, "Kamco Invest". The step, subject to the …
Companies Investments
Photo Archive
29 June 2020 00:13 PM Kamco extends credit facility agreement
Mubasher: Kamco Invest announced that it has renewed a credit facility provided by a local bank, according to a statement to Boursa Kuwait on Monday. Under the new agreement, the bank credit facility limit has been increased by KWD 5 million. The …
Banking and Finance
The ratings reflect Kamco’s solid financial position
9 June 2020 11:47 AM CI reaffirms Kamco’s credit ratings with stable outlook
Mubasher: Capital Intelligence Ratings (CI) on Tuesday has reaffirmed the long and short-term foreign currency corporate ratings of Kamco Invest at 'BBB' and 'A3', respectively. The outlook on the ratings remained ‘Stable’ despite the impacts of …
Ratings
Kamco Invest Annual General Meeting
3 June 2020 01:00 PM Kamco Invest approves 2019 dividends
Mubasher: Kamco Invest’s shareholders approved all agenda items during the Annual General Meeting (AGM) for the fiscal year (FY) 2019 and elected the Board of Directors for the next three years.  Shareholders approved distributing 5% cash …
Board of Directors
The property was acquired in 2017
7 April 2020 02:32 PM Kamco Invest exits Abbott Laboratories Nutritional HQ in Ohio
Mubasher: Kamco Invest has successfully exited from the asset under management (AUM), Abbott Laboratories Nutritional Headquarters in the US city of Columbus, Ohio, generating a total return on investment (ROI) for its investors, exceeding the …
Companies Investments
The partial exit is from investments in companies out of Kuwait
31 March 2020 02:17 PM Kamco exits $17m investments
Mubasher: Kamco Invest on Tuesday announced selling around 16.8% of its stake in a number of special-purpose companies (SPCs) for $16.9 million (KWD 5.2 million). The partial exit is from investments in companies out of Kuwait, according to a …
Companies Investments
The partial exit is valued at KWD 2.98 million
19 March 2020 08:27 AM Kamco exits $10m investments
Mubasher: Kamco Invest has sold 9.61% of its stake in a number of special-purpose companies (SPCs) at a value of KWD 2.98 million ($9.65 million). The partial exit is from investments in companies out of Kuwait, according to a stock exchange …
Companies Investments
Profits amounted to KWD 2.1 million in Q4-19
15 March 2020 09:04 AM Kamco records KWD 3m profit in 2019; dividends proposed
Mubasher: Kamco Invest achieved a net profit of KWD 3.03 million in the fiscal year (FY) 2019, compared to KWD 2.5 million in 2018, posting an 18.57% annual increase. The growth in profits is attributed to higher fee income and net gains from …
Cash Dividends
The deal involves fully owned subsidiaries of Kamco out of Kuwait
5 March 2020 08:30 AM Kamco exits $29m investments
Mubasher: Kamco Invest has sold 29% of its stake in a number of special-purpose companies (SPCs) for a value of $29 million (KWD 8.86 million). The said companies are fully owned subsidiaries of Kamco, based out of Kuwait. The transaction will …
Companies Investments
The deal has no material impact on Kamco's financial position
2 February 2020 03:00 PM Kamco seals KWD 5m loan deal with local bank
Mubasher: Kamco Investment Company on Sunday announced the signing of a credit facility agreement worth KWD 5 million with a local bank in Kuwait. The loan will finance the company’s current and future activities, according to a statement to the …
Companies Investments
The facilities will finance Kamco's existing and future activities
28 January 2020 03:28 PM Kamco extends credit facility deal with local bank
Mubasher: Kamco Investment Company has renewed its agreement on credit facilities granted by a local bank and raised the credit line by KWD 5 million.    The credit facilities will be used to finance the company’s current and future activities, …
Companies Investments
Kamco Invest Tower
6 January 2020 04:22 PM Kamco, Global complete merger; launch 'Kamco Invest'
Mubasher: Kamco Investment Company today launched its new identity “Kamco Invest” after completing the legal, operational, and integration merger with Global Investment House (Global). The merger is part of the company’s strategy, which was …
Company News
KAMCO's total liabilities will decline by KWD 5 million
16 December 2019 05:04 PM KAMCO repays KWD 5m Murabaha facilities
Mubasher: KAMCO Investment repaid Murabaha facilities worth KWD 5 million from a national bank, the company said in a statement to Boursa Kuwait.   As a result, KAMCO’s total liabilities will decline by KWD 5 million, the company said, dismissing …
Company News
KAMCO is the merging company
12 December 2019 04:54 PM KAMCO finalises merger with Global Investment House
Mubasher: KAMCO Investment on Thursday announced the finalisation of the merger with Global Investment House, according to the company’s Boursa Kuwait disclosure. The merger was implemented through exchanging 138.878 million Global capital shares, …
Company News
KAMCO's assets will fall by $83.8 million
12 December 2019 04:11 PM KAMCO sells major stakes in overseas special-purpose entities
Mubasher: Kuwait-based KAMCO Investment announced on Thursday the sale of major stakes in overseas special purpose entities. KAMCO also acquired, through the stake sale, an administrative building fully leased to mortgage loan giant Freddie Mac, …
Companies Investments
This will result in delisting Global Investment House
2 December 2019 00:06 PM CMA scraps license of KAMCO’s Global Investment House
Mubasher: Kuwait’s Capital Markets Authority (CMA) scrapped securities activities licence for KAMCO Investment’s Global Investment House, a bourse filing showed on Monday. The cancellation of the licence will result in delisting Global Investment …
Trading Activities
KAMCO’s logo
21 November 2019 03:34 PM CMA approvers KAMCO’s merger with Global Investment House
Mubasher: Kuwait’s Capital Markets Authority (CMA) has approved the merger between KAMCO Investment and Global Investment House. KAMCO will disclose the financial impact of the merger following the exchange of shares, according to a bourse …
Mergers and Acquisitions
Photo Archive
4 November 2019 00:17 PM KAMCO turns to losses in Q3
Kuwait – Mubasher: KAMCO Investment has reported KWD 178,000 ($588,100) in losses during the third quarter (Q3) of the year, versus profits of KWD 636,000 ($2.1 million) for the same period in 2018, as shown by the company’s financial statements. …
Financial Results
KAMCO’s officials receive Global Fiance's award
21 October 2019 00:08 PM KAMCO closes $7.6bn DCM transactions
Mubasher: Since launching its Debt Capital Markets (DCM) group, KAMCO Investment Company has successfully closed 43 DCMs transactions worth of about $7.6 billion. Seven bonds and sukuk transactions were closed by KAMCO during the past two years …
Companies Investments
The facilities will be used in financing the company’s current and future activities
17 October 2019 03:55 PM KAMCO signs KWD 5m loan deal with local bank
Mubasher: KAMCO Investment Company signed a KWD 5 million credit facility agreement with a Kuwaiti bank. The facilities will be used in financing the company’s current and future activities, according to a bourse filing on Thursday. KAMCO eyes to …
Companies Investments
Co fund manager of GOF 1, Ahmed Abdallah
16 October 2019 02:46 PM Global Investment House pays $12m dividend to GOF I clients
Mubasher: Global Investment House, a subsidiary of KAMCO Investment Company, has distributed cash dividends worth $12 million to its clients investing in the private equity fund, Global Opportunistic Fund I (GOF I).       Total distribution …
Company News