The company was originally established in Kuwait on April 1, 1992, as a limited liability company. However, on December 14, 2003, it underwent a legal transformation and became a Kuwaiti shareholding company under the new name "United Group for Food Industries Company - K.P.S.C." Subsequently, on September 20, 2004, the company was listed on the Kuwait Stock Exchange.
However, on September 9, 2015, the Company's Board of Directors made the decision to voluntarily delist the company from the Kuwait Stock Exchange. This decision was approved by the Capital Markets Authority on April 5, 2016, and the company was effectively delisted as of November 30, 2016.
Company capital:
As per the annual financial report for the year ended December 31, 2022, the authorized, issued, and fully paid-up capital of United Food Industries Group is KD 3,335,062 (the same as the previous year, 2021). This capital is distributed over 33,350,620 shares, with each share having a value of 100 fils.
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