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Sovereign Wealth Fund of Kuwait

Sovereign Wealth Fund of Kuwait latest

Al Bawaba
May 26th, 2010 - 10:42 GMT

KCIC shareholders approve 2009 financial statements at AGM

KCIC, an investment firm specializing in investments in Asia, today held its 2010 Annual General Meeting with shareholders approving the company’s 2009 financial statements. The company’s 2009 total income was KD17.8 million, compared to a net loss of KD 19.2 million in the previous year. The 2009 performance was mainly driven by the gains in its hedge fund and derivatives portfolio leading to KD8.6 million and KD5.9 million on realized ...
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