United Projects For Aviation Services K S C P : Material Information Disclosure Regarding the Result of the Bid Submitted for the Messila Beach Site Project (Plage-2)
Disclosure Regarding the Result of the Bid Submitted for the Messila Beach Site Project (Plage-2)
United Projects for Aviation Services Company KSCP
Pursuant to the provisions of Module ten - Disclosure and Transparency - of the Executive Regulations of Law No. 7 for year 2010 regarding the establishment of the Capital Markets Authority and regulating securities activities and their amendments, United Projects for Aviation Services Company KSCP would like to provide a disclosure of material information regarding the result of the bid submitted for the Messila Beach Site Project (Plage-2), in accordance with the attached disclosure form.
ك.د 38,250,000 عوفدملا لاملا سار I 82992 يراجت لجس I تيوكلا 13131 ةافص 27068 ب.ص I [+965] 24727343 ف I [+965] 1833338 - 24349427 - 24331039 ت Tel (+965) 1833338 - 24349427 - 24331037 I Fax (+965) 24727343 I P.O.Box 27068 Safat 13131 Kuwait I C.R.N. 82992 I Paid Capital 38,250,000 K.D www.upac.com.kw
Disclosure and Transparency
Disclosure of Material Information Form
Date
13 June 2024
Name of the Listed Company
United Projects for Aviation Services Company K.S.C.P. (UPAC)
Material Information
United Projects for Aviation Services Company KSCP (the "Company") would
like to inform that it has received a notification letter from Touristic Enterprises
Company for the outcome of the bid submitted for the Messila Beach Site
Project (Plage 2) for 17 years duration, as we have been notified that the
submitted bid By the Company is the best offer presented and that we will be
informed later about the date of signing the contract. Noting that, this
notification letter does not constitute a contractual obligation or a promise to
contract and does not entail any rights unless the contract that is the subject
of the bid is concluded.
Significant Effect of the material
There is no material impact on the company's financial position at the present
information on the financial
time.
position of the company
ك.د 38,250,000 عوفدملا لاملا سار I 82992 يراجت لجس I تيوكلا 13131 ةافص 27068 ب.ص I [+965] 24727343 ف I [+965] 1833338 - 24349427 - 24331039 ت Tel (+965) 1833338 - 24349427 - 24331037 I Fax (+965) 24727343 I P.O.Box 27068 Safat 13131 Kuwait I C.R.N. 82992 I Paid Capital 38,250,000 K.D www.upac.com.kw
Attachments
Original Link
Original Document
Permalink
Disclaimer
United Projects for Aviation Services Co. KSCP published this content on
13 June 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
13 June 2024 09:01:03 UTC.
United Projects for Aviation Services Co KSCP is a Kuwait-based shareholding company engaged in the investment, construction and management of projects primarily in the airport services and aviation industry. The Company is active, along with its subsidiaries, in two segments: Investments and Rental and other services operations. The Companyâs activities include the provision of airplane ground and cleaning services, supply of water and other airplane supplies, leasing of airplanes, tourism, travel and cargo services. In addition, the Company also invests its surplus funds in investment portfolios managed by specialized institutions. The Company has two subsidiaries: United National For Aviation Services Company WLL and Royal Aviation KSCC (formerly known as Jet Aviation Company KSCC), which are engaged in the provision of management and services related to the aviation industry. The Company is a subsidiary of Kuwait National Airways KSC.
United Projects For Aviation Services K S C P : Material Information Disclosure Regarding the Result of the Bid Submitted for the Messila Beach Site Project (Plage-2)