Global Investment House files to relist in KuwaitGlobal Investment House has filed an application with the Kuwait regulator to relist its shares on the country's stock market, it said. The timing for the listing would be dependent on approval from Kuwait's Capital Market More… |
Global Investment House swings to Q1 profitGlobal Investment House , the Kuwaiti firm which completed a second debt restructuring last year, swung to a first-quarter net profit as fees from its asset management, investment banking and brokerage businesses grew. Global, whi More… |
GIH picks ex-Barclays banker as investment headGlobal Investment House is set to hire Michael Helou, a former senior banker at Barclays , as its investment banking head, four banking sources said, as the Kuwaiti firm seeks to revive growth after a debt restructuring deal. Glob More… |
Global completes $1.7bn restructuringKuwait's Global Investment House said on Wednesday that it had completed a $1.7 billion restructuring plan, the second at the firm since the global financial crisis. Under the plan, Global separated its core fee business from More… |
Kuwait's Global posts $192m net lossKuwait's Global Investment House, which has agreed with creditors to restructure $1.7 billion of debt, posted a net loss of KD55 million ($192.8 million) in 2012 compared to a loss of KD57.5 million the year before. One of the More… |
GIH approves delisting from Kuwait bourseShareholders in Kuwait's Global Investment House have approved the delisting of the stock from the Kuwait bourse, nearly a year after firm's shares were suspended from trading. "(The general assembly) agreed to author More… |
Global wins approval for debt restructuringKuwait's Global Investment House has received the backing of "an overwhelming majority" of creditors for its debt restructuring plan, the company said in a statement on Monday. The restructuring, its second in three More… |
Global wins approval to restructure $337m bondsKuwait's Global Investment House said on Sunday that it had secured the approval of creditors to restructure two bonds worth KD95 million ($337 million) as part of the company's second debt overhaul in three years. More… |
Global creditors reject debt restructuring planKuwait's Global Investment House said on Tuesday that three of its creditors had failed to back a $1.7 billion debt restructuring plan and that it was looking at legal options to secure a deal. Undergoing its second debt restr More… |
Kuwait's Global wins nod for $1.7bn debt planShareholders in Kuwait's Global Investment House on Sunday approved a final plan for the company's $1.7 billion debt restructuring that will create new special purpose vehicles (SPVs) to take on its debts. The Kuwaiti investment More… |