End-of-day quote
Kuwait S.E.
03:30:00 02/06/2024 am IST
5-day change
1st Jan Change
0.659
KWD
-0.15%
+0.15%
+12.65%
Boubyan Petrochemical K S C P : افصاح معلومات جوهرية بشأن موافقة هيئة أسواق المال على إعادة هيكلة رأس مال شركة ب
November 21, 2022 at 10:49 am IST
Date: 20th Nov. 2222
2222 ربمفون 20 :خيراتلا
Ref:
:عجرلما
To: Boursa Kuwait Company
Dear Sirs,
Subject: Disclosure of material information regarding the approval by the Capital Markets Authority on the capital restructuring of Boubyan Petrochemical Company K.S.C.P.
_________________
نيمرتحلما تيوكلا ةصروب ةكرش / ةداسلا
... دعبو ةبيط ةيحت
ةئيه ةقفاوم نأشب ةيرهوجلا تامولعلما نع اافلا :عوضولما
نايبوب ةكرش لام سأر ةلكيه ةداعإ ىلع لالما قاوسأ
ةماع ك.م.ش تايواميكورتبلل
__________________
Pursuant to the provisions of Module 10 "Disclosure & Transparency "
" ةيفافشلاو حاصفلإا" رشاعلا باتكلا
داوم ماكحأ
ىلإ
ةراشلإاب
of the Bylaws of Law No.7/2010, as amended, attached is the Disclosure
ن
امهتلايدعتو 0202/7مقر لالما قاوسأ ةئيه
وناقل ةيذيفنتلا ةحئلالا نم
of Material Information form regarding the above-mentioned subject.
عوضولما نأشب ةيرهوجلا تامولعلما نع
حاصفلإا
جذومن
قفرم
.هلاعأ روكذلما
_____________________
Best Regards.
...ريدقتلا و ةيحتلا قئاف لوبقب اولضفتو
Nawaf Arhamah Arhamah -همحرا همحرا فاون
CSFO -ةيلالماو ةيجيتارتسلال يذيفنتلا سيئرلا
* CC:
:ىلإ ةخسن *
CMA - Disclosure Dep.
.حاصفلإا ةرادإ - لالما قاوسأ ةئيه / ةداسلا -
ةيرهوجلا تامولعلما نع
اافلا جذومن
Disclosure Form of Material Information
Date
02/00/2022
خيراتلا
Name of the Listed Company
ةجردلما ةكرشلا مسا
Boubyan Petrochemical Company K.S.C.P.
ةماع ك.م.ش تايواميكورتبلل نايبوب ةكرش
Material Information
ةيرهوجلا ةمولعلما
Please be informed that, on Sunday 20 November 2022, the Capital
قفاولما دحلا موي اهتقفاوم تردصأ دق لالما قاوسأ ةئيه نأب ملعلا ىجري
Markets Authority ("CMA ") has issued its approval on the capital
تايواميكورتبلل نايبوب ةكرش لام سأر ةلكيه ةداعإ ىلع 0200/00/02
restructure of Boubyan Petrochemical Company K.S.C.P. ("BPC ") as
:يلاتلا وحنلا ىلع كلذو
follows:
- Reducing BPC's capital from KWD 53,482,275 to KWD
ىلإ
ك.د
574,204075
نم
ةكرشلا
لام
سأر
ضيفخت
-
52,414,629.800 with the amount of
KWD 1,067,645.200,
ةبسنبو ،ك.د 042,74,,5.022 غلبمب ك.د 504,0,4,05.222
representing 1.99% of BPC's capital, by way of cancelling
ً
كلذو ،امهس 024,7,4,50 ددع ءاغلإب لالما سأر نم %0.55
10,676,452 treasury shares, in order to execute the merger by
نايبوب ةكرش نيب مضلا قيرطب جامدنلاا ةيلمع مامتلإ
way of amalgamation between BPC (the Merging Entity ) and
ةضباقلا ةيميلعتلا ةعومجلما ةكرشو "ةجمادلا "تايواميكورتبلل
Educational Holding Company ("EDU ") (the Merged Entity ),
لالما سأر ضيفختب ةجمادلا ةكرشلا موقت ثيحب "ةجمدنلما "
whereby the Merging Entity will reduce its capital by cancelling
.ةنيزخلا مهسأ ديصر نم ءزج ءاغلإب
some of its treasury shares.
ىلإ
ك.د
504,0,4,05.222
نم
ةكرشلا
لام سأر ةدايز
-
- Increasing BPC's capital by way of in-kind increase with the
042,74,,5.022 ةميقب ةينيع ةدايز قيرط نع ك.د 574,204075
amount of KWD 1,067,645.200, from KWD 52,414,629.800 to
KWD 53,482,275, representing 2.04% of BPC's capital, by way
ددع رادصإ قيرط نع لالما سأر نم %0.2, ةبسنبو ك.د
of issuing 024,7,4,52 shares with a book value of 100 fills per
ةولاع نودبو مهسلل سلف 022 ةيمسإ ةميقب مهس 024,7,4,50
ُ
shares and without premium. The new shares will be allocated
ةضباقلا ةيميلعتلا ةعومجلما ةكرش يمهاسلم صصختو ،رادصإ
to the shareholders of EDU at a swap ratio of 3.01 share of the
نايبوب ةكرش
مهسأ
نم
مهس
7.20
ةضياقم
ةبسنب
ةعومجلما
ةكرش
مهسأ
نم
مهس
لك
لباقم تايواميكورتبلل
shares of BPC for every one share of EDU.
.ةضباقلا ةيميلعتلا
Impact of the material information on the company's financial position
The capital restructuring will be executed after obtaining the approval of the Extra-Ordinary general assembly, and the approvals of the concerned regulatory authorities.
ةكرشلل يلالمازكرلما ىلع ةيرهوجلا ةمولعلمارثأ
ةيعمجلا ةقفاوم ىلعل وصحلا دعب كلذو ةكرشلا لام سأر ةلكيه ةداعإ متتس
.ةلصلا تاذ ةيباقرلا تاءارجلإا ةفاك لامكتساو ةيداعلا ريغ ةماعلا
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Boubyan Petrochemical Company KSC published this content on 21 November 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 21 November 2022 05:18:08 UTC .
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
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Boubyan Petrochemical Company KSCP is a Kuwait-based company engaged in direct investments within the industrial sector. The Company is primarily involved in the manufacture of petrochemical material and their derivatives; sale, purchase, supply, distribution, export and storage of such materials, as well as participation in related activities, including establishing and leasing the required services inside or outside Kuwait; participating in , acquiring or taking over companies of similar activities, and investing the surplus finds in investment portfolios. The Company is organized into the following business segments: Energy and petrochemicals, which is engaged in direct investment stakes in this sector comprising of basic materials; Services segment includes educational and medical services, as well as Others segment comprises investing directly and through portfolios into shipping, services and funds, among others.
More about the company
Last Close Price
0.659
KWD
Average target price
0.81
KWD
Spread / Average Target
+22.91%
Consensus
1st Jan change
Capi.
+12.65% 1.15B +2.46% 102B -8.98% 60.79B +74.76% 48.86B +13.97% 37.96B +4.56% 32.37B +14.72% 20.64B +11.17% 16.58B +8.81% 13.93B -3.19% 13.25B
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+951% of historical performance
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