Latest Threads on News from companies

International Financial Advisors Holding (K.P.S.C), with a commercial registration number 77302 and a capital of KD 48,011,858.800, is located at Al Abdul Razzak Square, Souk Al-Kuwait Building, Floor 8, P.O. Box 4694 Safat, 13047 Kuwait. The company can be contacted via phone at +965 1 8444 32, fax at +965 22 459 631, email at info@ifakuwait.com, and website www.ifakuwait.com. The Chairman is Saleh Saleh Al-Selmi. On April 1, 2025, a letter was addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, informing him that the board of directors of their subsidiary, First Takaful Insurance Company, met on March 27, 2025. They reviewed a letter from S&C Group Investment LLC, in which First Takaful holds a 17.65% stake valued at 2,961,049 Kuwaiti Dinars. The board discussed and approved a request to transfer ownership of S&C Group Investment LLC and its subsidiaries to a special-purpose vehicle, Strive Investments Limited. The transfer has no financial impact on First Takaful Insurance Company.

SALAMA has issued a clarifying disclosure regarding the approval of proxies in accordance with Clauses 1 and 2 of Article 40 of the Corporate Governance Manual. Shareholders eligible to attend the general assembly can delegate a representative, who is not a board member, company employee, or securities brokerage company employee, through a written power of attorney. This document must explicitly state the proxy's right to attend and vote at the assembly. The proxy cannot represent shareholders holding more than 5% of the company's issued capital. Legal representatives must represent those lacking legal capacity. The shareholder's signature on the power of attorney must be approved by a Notary Public, a commercial chamber or economic department, a licensed bank or company with which the agent has an account, or any entity licensed to perform attestation. The proxy form should include the shareholder's and brokerage firm's contact details. For further inquiries, contact SALAMA at the provided phone number or email address.

The text appears to contain a sequence of identifiers or codes, rather than a coherent narrative or information that can be summarized in a traditional sense. Therefore, it cannot be summarized without additional context or explanation of what these codes represent.