Unicap Investment and Finance (UNICAP) News - Mubasher Info
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Unicap Investment and Finance (UNICAP`R)

Last update: 20 May 01:12 PM market time.
287.00
-3.00
-1.03%
Open 299.00
Previous Close 290.00
High 299.00
Low 282.00
Stock Statistics
Volume 477,673
Turnover 135,690.22
All data are 15 minutes late during market session

News

The loan will finance the unit's operating expenses
9 June 2020 02:06 PM Unicap’s unit seals KWD 3m loan with Boubyan Bank
Mubasher: The Board of Directors of Unicap Investment and Finance has approved the First Kuwaiti Company for Educational Services, one of its subsidiaries, to sign a credit facility agreement worth KWD 2.82 million with Boubyan Bank. The loan will …
Board of Directors
Photo Archive
6 January 2020 01:26 PM Unicap inks KWD 15m property sharing agreement
Mubasher: Unicap Investment and Finance announced the signing of a property sharing and asset portfolio management agreement at a value of around KWD 15 million. The deal was signed between Iskan, a wholly-owned subsidiary of Unicap, and Iskan …
Companies Investments
Unicap aims to repay loans to local banks and increase investments in real estate
6 January 2020 00:21 PM Unicap pens $20m credit facility agreement
Mubasher: Unicap Investment and Finance has signed a credit facility agreement with a local Kuwaiti bank at a maximum value of $20 million, in order to repay all loans obtained by the company and its subsidiaries. Moreover, Unicap will direct part …
Banking and Finance
Wadie Abdullah al Sayegh was elected as board chairman
3 December 2019 00:04 PM Unicap’s shareholders elect new board
Mubasher: Unicap Investment and Finance’s general assembly approved the election of a new board of directors for the company for the period starting from 1 December 2019 to 31 November 2022, according to the company’s statement. Wadie Abdullah al …
Board of Directors
The settlement followed Unicap’s agreement with the client
2 December 2019 10:44 AM Unicap earns KWD 1.5m on dispute settlement
Mubasher: Unicap Investment and Finance posted a net profit of KWD 1.5 million on the back of a dispute settlement with a client, according to a bourse statement. The settlement followed Unicap’s agreement with the client, allowing the company to …
Company News
Losses amounted to KWD 1.34m in 9M
13 November 2019 03:47 PM Unicap turns to KWD 767k loss in Q3
Mubasher: Unicap Investment and Finance has suffered losses worth about KWD 766,690 ($2.53 million) during the third quarter ended 30 September 2019, against profits of around KWD 421,020 ($1.39 million) in the same period in 2018. During the …
Company News
Wadie Abdullah Al Sayegh is the chairman of Unicap
16 October 2019 10:05 AM Unicap announces CEO resignation
Mubasher: Unicap Investment and Finance said that its CEO, Mohamed Abdel Moneim Abdel Wahab Mughira has resigned from his position. The resignation was submitted on Monday, 14 October 2019, and it will be proposed to the coming board meeting for …
Company News
Unicap received the approval for the loan in September
14 October 2019 09:46 AM Unicap inks KWD 20m loan deal with local bank
Mubasher: The board of Unicap Investment and Finance approved to sign a KWD 20 million loan contract with a Kuwaiti local bank, according to a bourse statement on Monday. During its meeting on Sunday, 13 October, the board also consented to sign …
Board of Directors
Any further details will be disclosed upon signing the contract
16 September 2019 10:41 AM Unicap obtains KWD 20m banking facilities
Mubasher: Unicap Investment and Finance has received approval from a Kuwaiti bank to obtain credit facilities not exceeding KWD 20 million. Any further details will be disclosed upon signing the contract, Unicap said in filing to Boursa Kuwait on …
Company News
UNICAP was established in 2002
16 July 2019 04:38 PM UNICAP denies delisting from Boursa Kuwait
Mubasher: Unicap Investment and Finance (UNICAP) has denied reported over a planned delisting from Boursa Kuwait, according to a bourse statement released on Tuesday. The delisting was not discussed by any of the company’s directors, UNICAP added. …
Companies Investments
Unicap closed Sunday’s session at 74.5 fils
3 March 2019 04:59 PM Unicap inks deal to modify KWD 4.5m loan
Mubasher: Unicap Investment and Finance has signed a memorandum of understanding (MoU) with a local bank to extend the limit of the commercial credit facility of KWD 4.551 million.  The company noted that the loan will be modified to end on 30 …
Companies Investments
Unicap reported an increase of 169% in 9M profits
13 November 2018 05:54 PM Unicap records higher profits in Q3 on reversing provisions
Mubasher: Unicap Investment and Finance achieved a surge of 69.8% in profits during the third quarter of 2018 compared to the same period a year ago. Earnings grew to KWD 421,000 ($1.39 million) in Q3-18 from KWD 248,000 ($816,790) in Q3-17, …
Financial Results
The company will sell the property for KWD 825,000 ($2.73 million)
16 September 2018 04:31 PM UNICAP sells property for KWD 825,000
Mubasher: Unicap Investment and Finance (UNICAP) on Sunday announced that its subsidiary, Iskan, has signed an agreement to sell a real estate located in Abdulla Al-Salem district. The Kuwaiti firm will sell the property for KWD 825,000 ($2.73 …
Real estate
The five stocks acquired a total volume of 28.79 million shares
10 September 2018 03:51 PM Five stocks acquire 28% of Boursa Kuwait’s volume on Monday
By: Mohamad Farouk Mubasher: Five stocks listed on Boursa Kuwait, including Unicap Investment and Finance, Zain, Aayan Leasing, the Gulf Bank of Kuwait (GBK), and Burgan Bank, have acquired about 28.4% of the stock market’s trading volume of 90.86 …
Stock Evaluations
A profit valued at KWD 1.19 million ($3.93 million) will be realised
16 August 2018 05:09 PM Kuwait’s Unicap inks debt settlement deal with BBK
Mubasher: Unicap Investment and Finance has signed an agreement with Bahrain’s BBK to settle its indebtedness that was delayed as on 31 December 2013. The Boursa Kuwait-listed company will repay about KWD 310,700 ($1.03 million) to BBK as …
Banking and Finance
Unicap stock closed Monday’s session 5% lower at 57 fils
13 August 2018 05:07 PM Unicap Investment records KWD 3m profits in H1
Mubasher: Unicap Investment and Finance recorded a jump of 497% in profits during the second quarter of 2018 compared to the same period last year. Earnings increased to KWD 2.8 million ($9.25 million) in Q2-18 from KWD 469,000 ($1.55 million) in …
Financial Results
Iskan Oman Investment agreed to distribute 20% dividends
28 June 2018 01:58 PM Unicap to generate KWD 3m profit from exiting investment
Mubasher: Unicap Investment and Finance has achieved a profit valued at KWD 2.73 million ($9 million) after an associate sold its entire shares in a subsidiary. The profits will be registered in the income statements of the second quarter of 2018, …
Corporate Actions
The dividends will be distributed on 31 May
3 April 2018 04:15 PM Unicap’s OGM nods to 3% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of Unicap Investment and Finance approved on Tuesday the board’s recommendation to distribute 3% of the capital as a cash dividend for fiscal year 2017. Unicap will pay 3 fils per share to the entitled …
Board of Directors
Unicap owns a stake of nearly 6% in Iskan Oman Investment
13 March 2018 05:15 PM Unicap’s subsidiary to sell asset in Oman
Mubasher: Unicap Investment and Finance announced that its subsidiary, Iskan Oman Investment Company, has passed its recommendation to the extraordinary general meeting (EGM) to sell one of its assets in Oman. The financial impact of this deal …
Companies Investments
The lawsuit was filed against Unicap claiming a pay KWD 2.56 million
28 February 2018 02:49 PM Unicap to pay KWD 2m on court ruling
Mubasher: The court of appeal in Kuwait has issued a ruling rejecting an appeal filed by Unicap Investment and Finance. Upon this court ruling, Unicap will pay KWD 2.11 million to Abdulmohsen Ali Al Khaja, who filed a lawsuit against the Boursa …
Law
Profits totalled KWD 250,000 in the third quarter of 2017
6 November 2017 04:57 PM Unicap profits rise 183% in Q3
Mubasher: The financial statements of Unicap Investment and Finance showed an increase in profits for the third quarter of 2017 by 182.9% year-on-year, according to a bourse filing. Profits totalled KWD 250,000 in Q3-17, compared to KWD 88,370 in …
Financial Results
A debts value of about KWD 416,300 will be collected and registered in Q3-17
30 July 2017 03:42 PM Unicap receives KWD 2.05m from court ruling
Mubasher: Unicap Investment and Finance has received KWD 2.05 million ($6.77 million) following a court ruling issued in favour of the company and Eskan Real Estate. A debts value of about KWD 416,300 will be collected and registered in the …
Company News
Unicap reported a growth of 26.4% in profits in FY16
16 July 2017 05:06 PM Unicap shareholders nod to 5% bonus
Mubasher: The ordinary general meeting (OGM) of Unicap Investment and Finance approved the board’s recommendation to distribute 5% as bonus shares for fiscal year 2016. The shareholders approved distributing 1 share per each 20 as a bonus for …
Cash Dividends
Photo Credit: Arabianeye-Reuters
10 May 2017 11:15 AM Unicap posts higher profits in Q1
Kuwait - Mubasher: Unicap Investment and Finance achieved a growth of 58.3% in profits to about KWD 571,300 ($1.87 million) during the first quarter of 2017 from nearly KWD 360,900 ($1.18 million) in the same period of 2016. The company suffered …
Financial Results
Photo Credit: Arabianeye-Reuters
9 April 2017 10:47 AM Unicap to pay KWD 2.11m on court ruling
Mubasher: A Kuwaiti court has rejected the lawsuit filed by Unicap Investment and Finance against Abdulhassan Ali Khaga, issuing a ruling against the company.  The court has ordered Unicap to pay KWD 2.11 million to Khaga, according to a bourse …
Law