Strategia Investment Company - Qibla

Al Nassar Tower,Fahad Al Salem Street,Floor No.17,Qibla, Capital Governorate,Kuwait.

  • +965 22251503
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Description

Strategia Investment Company was formed in March 2004 as a spin-off of the real estate investment division of KMEFIC, a leading publicly listed financial services company. In March 2004, the new shareholders of the company decided to change its legal classification from a real estate company to an investment company that provides all investment products and services. Accordingly, the capital of the real estate company was increased from KD10 million to KD15 million.

SIC’s capital was increased twice by distributing bonus shares during 2007 and 2008 to reach K.D 17,577,000. In December 2008, when all the listing conditions were met, Strategia was listed on the Kuwait Stock Exchange in order to add another dimension in the field of asset management and investment services with an enhanced capital. Due to the accumulated financial losses, the company reduced its capital first during 2010 and then increased it again to KD 15 million.

During 2013, the company succeeded in increasing its capital by 100% to KD30 million with assets under management from various institutional and individual clients amounting to US$130 million as of December 31, 2013.

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