Al-Safat Investment Company is a Sharia-compliant investment company listed on Boursa Kuwait. The company’s main focus is acquiring strategic investments in selective enterprises, industries and investment-vehicles seeking growth and capital appreciation in accordance with the provisions of Islamic Sharia. The company’s investments is diversified among financial, real estate and industrial sectors
Cap Corp Investment Company was established as a Kuwaiti shareholding company (closed) in 2008 following the principles of Islamic Sharia. Cap Corp’s current share capital is KWD 20mn . The company is principally engaged in Real Estate investments, asset management and private equity.
The Board of Directors of Al-Safat Investment Company and Cap Corp Investment Company have concluded that the merger will yield a favorable outcome, serving the best interest of their respective shareholders. The merger aims to achieve the following objectives: