KFIC Capital Investment Company announced that it has signed a merger agreement with OTC 677 Rasameel Investment Company as part of the ongoing execution process of a merger by absorption, previously disclosed on July 30, 2025.
In an official statement, KFIC Capital confirmed that it will proceed with the necessary steps to complete the merger in accordance with Book Nine (Mergers & Acquisitions) of the Executive Bylaws of Law No. 7 of 2010, its amendments, and Companies Law No. 1 of 2016 and its amendments.
The company noted that a draft merger contract will be prepared and submitted to the Capital Markets Authority (CMA) for official approval. Applications for other regulatory approvals will also be submitted to the relevant authorities.
KFH Capital emphasized its ongoing commitment to transparency and will continue to disclose all future developments related to the merger in accordance with the legal and regulatory frameworks in the State of Kuwait.