Jiblah's General Assembly approved listing Company on KSE after completing all the legal procedures and fulfilling the requirements thereof.

In a press statement heels the General Assembly meeting, Jiblah's Chairman, Mr. Bader Musa'ed Al-Sayer said that Jiblah with its KD. 15.6 million is a specialized company in the industrial and services sectors, as well as BOT and environment-related projects. Al-Sayer added that Al-Sayer Group owns around 83% of Jiblah's capital, in addition to Industrial Investments Co.

On his part, CEO of Jiblah Holding Co., Mr. Mahmoud A'shour Al-Ja'far stated that the Company owns various projects with its allies (Al-Sayer Group and Industrial Investments Co.), as well as projects relevant to solid waste processing with Al-Sayer Group, Arabi and Al-Farabi, in addition to Burgan Oil project. Al-Ja'far also added that Jiblah Holding Co. has proprietary rights in companies listed on KSE, e.g. The Chlorine Salt Project (Al-Ahlia) and Kuwait Slaughterhouses Co.

Al-Ja'far referred to the fact that the contracts executed by the Company exceed KD. 25 million, while the volume of the projects on offer and those scheduled for consideration amount to around KD. 15 million.

On a different level, Jiblah's Chairman stressed that offering the Company's shares for placement will be made within the coming two weeks. Yet he said that Jiblah's share price had not yet been determined.

He also referred to the fact that submitting the listing application to KSE will be made within the coming two days, expecting listing will be over by early May, stressing that all procedures are nearly ready to submit the application.