Date: 28/03/2024
Ref: UPAC/COM/2024/015
To: Boursa Kuwait,
،يمتحملا
ن
ر
ةيلاملا قارول تيوكلا ةصروب :ةداسلا ،دـــــــــــــــــــــــــــعــــبو ةبيط ةيحت
ر تاعوشم ىدحإ دقع ديدمت نأشب لمكم حاصفإ :عوضوملا ر .ع.ك.م.ش ةيوجلا تامدخلل ةدحتملا ع يراشملا ةكش
Subject: Supplementary Disclosure Regarding Extending a Project's Contract for
United Projects for Aviation Services Company KSCP
Pursuant to the provisions of Module ten - ةحئلا نم - ةيفافشلاو حاصفا -شاعلا باتكلا ماكحأب مع Disclosure and Transparency - of the Executive قاوسأ ةئيه ءاشنإ نأشب 2010 ةنسل 7 مقر نوناقلل ةيذيفنتلا
Regulations of Law No. 7 for year 2010 regarding the establishment of the Capital Markets
ً
ةكش دوت ،امهتيدعتو ةيلاملا قاروا طاشن ميظنتو لاملا
Authority and regulating securities activities and ميدقت (ع.ك.م.ش) ةيوــــجــلا تامدخلل ةدحتملا عــــيراشملا ى
their amendments, United Projects for Aviation نبم رامثتساو ءاشنإ عوشم دقع ديدمت نأشب لمكم حاصفإ
Services Company KSCP would like to provide a supplementary disclosure regarding extendingthe project' contract for the construction and investment of the parking building at Kuwait International Airport and its related facilities, in accordance with the attached disclosure form.
،هل هعباتلا قفارملاو لودلا تيوكلا راطم ف تارايسلا فقاوم
ر ،ريدقتلاو ماتحا قئاف لوبقب اولضفتو
ي
.قفرملا حاصفا جذومنل اقفو كلذو
_______________________________________
لـــــيـــقـــع ةــــيداـــن
يذيفنتلا سيئرلاو ةرادا ســلــجــم ســيــئر بئان
Nadia Akil
Vice Chairperson and CEO
ي
ى
ً
.لاملا قاوسأ ةئيه /ةداسلا إ ةخسن | |
Copy To CMA. | |
Attachments: | :تاقفرملا |
▪ Supplementary disclosure form. | .لمكملا حاصفا جذومن ▪ |
Tel (+965) 1833338 - 24349427 - 24331037 I Fax (+965) 24727343 I P.O.Box 27068 Safat 13131 Kuwait I C.R.N. 82992 I Paid Capital 38,250,000 K.Dwww.upac.com.kw
Disclosure and Transparency
Supplementary Disclosure Form
Date | 28 March 2024 |
Name of the Listed Company | United Projects for Aviation Services Company KSCP ("UPAC") |
Disclosure Title | Supplementary disclosure regarding extending the project' contract for the construction and investment of the parking building at Kuwait International Airport and its related facilities |
Date of Previous Disclosure | 21 February 2024 |
Developments that occurred to the disclosure | Reference to our previous disclosure dated 21 February 2024 regarding the approval of the concerned authorities to extend the project' contract for the construction and investment of the parking building at Kuwait International Airport and its related facilities (the Project"), United Projects for Aviation Services Company KSCP (the "Company") would like to report that the addendum to the contract has been signed with the Directorate General of Civil Aviation (DGCA) for the extension of the above-mentioned Project' contract for a period of one year, starting from 19th May 2023 to 18th May 2024, with a total increase of 10% of the annual investment fees, noting that the above-mentioned extension duration excludes the management of the baggage zones 1 and 4. |
The financial effect of the occurring developments (if any) | The Company continues its operations in the Project and its results are reflected in the consolidated financial statements. |
Tel (+965) 1833338 - 24349427 - 24331037 I Fax (+965) 24727343 I P.O.Box 27068 Safat 13131 Kuwait I C.R.N. 82992 I Paid Capital 38,250,000 K.D
www.upac.com.kw
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United Projects for Aviation Services Co. KSCP published this content on 28 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2024 06:51:08 UTC.