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Mr. Mohammed S. Alayob has been appointed as a Deputy CEO - Investment effectively from 3rd May 2020.
GIH Board of Directors had BOD meeting today Sunday 12 April 2020 and Approved the Financials of 31 Dec.2019. approved the recommendation to the general assembly not to distribute the profits to the shareholders of the company for fiscal year ended on 31 Dec. 2019. this decision depends on AGM and Regulatories.
Assigning Mr. Sheikh Abdul Rahman Sheikh, Senior Manager, to head the Financial Control Department as of September 1, 2019. pdf heading
GIH’s Board of Directors will have a Board Meeting in Sunday 11 April 2020 at 1.00 PM, to discuss & approve the Financials of 31.12.2019.
Afkar Holding Company, a subsidiary of Gulf Investment House, has signed an agreement, through which all the shares of the National Paper Products Company - one of the subsidiaries of the National Consumer Company (Consumer) Holding Company - will be acquired, at a value of KWD 1,018,000. And by 99%. that Increased in GIH investments by KD 528,545.
Afkar Holding Company, a subsidiary of Gulf Investment House, has signed share sale contract, through which it will increase its ownership in the Light Food Company from 50% to 100% at a value of KD 800,000.
GIH’s Board of Directors had a Board Meeting today Monday 3 February 2020, at 1 PM. They have approved to discuss the Strategic & Business plan from 2020 to 2022 of GIH again after doing some amendments.
GIH’s Board of Directors will have a Board Meeting in Monday 03 February 2020 at 1.00 PM, to discuss Strategic & Business plan from 2020 to 2022.
It has been noticed that there are Unusual Shares Trading on the Company’s Shares today Sunday 19 Jan. 2020. GIH doesn’t know the reasons of these Unusual Trades, and there were no recent progress that would impact on the company and its affairs which results to this Unusual Trading. According to that, when GIH gets the reasons of these Unusual Trading on the Company’s Shares, will immediately declare the reasons.
It has been noticed that there are Unusual Shares Trading on the Company’s Shares on Wednesday 25 Dec. 2019. GIH doesn’t know the reasons of these Unusual Trades, and there were no recent progress that would impact on the company and its affairs which results to this Unusual Trading. According to that, when GIH gets the reasons of these Unusual Trading on the Company’s Shares, will immediately declare the reasons.