The Securities House K.S.C.P. (KWSE:SECH) made an offer to acquire remaining 58.78% stake in Al Aman Investment Company - K.P.S.C. (KWSE:ALAMAN) from Al-Safwa Group Holding Company K.P.S.C., KFH Investment Co. K.S.C.C. and other shareholders on January 31, 2017. Under the terms of the transaction, each share of Al Aman will be exchanged for 1.402 shares of Securities House. Accordingly, all assets and liabilities of Al Aman will be transferred to The Securities House. The transaction is subject to regulatory bodies and was approved by the Board of Directors of Al Aman. As of September 29, 2019, the transaction was approved by the Kuwait's Capital Markets Authority. On December 12, 2019, the transaction was approved by the board of directors of the Securities House. As of January 9, 2020, shareholders of Securities House approved the transaction. As on February 2, 2020, shareholders of Al Aman approved the transaction. As on February 2, 2020, Al Aman will be halted from trading on Boursa Kuwait as of March 2, 2020 until the delisting procedures are completed by the Kuwaiti Capital Markets Authority.

The Securities House K.S.C.P. (KWSE:SECH) completed the acquisition of the remaining 58.78% stake in Al Aman Investment Company - K.P.S.C. (KWSE:ALAMAN) from Al-Safwa Group Holding Company K.P.S.C., KFH Investment Co. K.S.C.C. and other shareholders for KWD 6.4 million on May 5, 2020. The Securities House acquired 74.865 shares of Al Aman Investment and issued 105 million shares. The Al Aman Investment stock has been delisted, as it is no longer a separate entity.