Metal and Recycling K S C Public : Board of Directors Meeting 4 JUNE 2023
May 30, 2023 at 02:25 pm EDT
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Date: May 30, 2023
To : Boursa Kuwait
Greetings,
Subject: Meeting of Board of Directors Metal and Recycling Company (K.S.C.P):
Pursuant to the provisions of Module ten, "Disclosure and Transparency", of the Executive bylaws of law no. 7 of 2010 regarding the establishment of the Capital Markets Authority and Regulating Securities Activities and its amendments, Metal and Recycling Company (K.S.C.P)("MRC") would like hereby to announce the meeting of the Board of Directors of MRC in accordance with the material disclosure form enclosed herein.
Metal and Recycling Company (K.S.C.P) ("MRC") would like
hereby to announce that the meeting of the Board of
Directors of MRC company shall be held on Sunday, June 4
Material Information
,2023 at 2:30 p.m. through "Microsoft Teams" website to
discuss the renewal and increase of banking facilities between
MRC and Al Ahli Bank of Kuwait.
Significant Effect of the
There is currently no financial impact of the aforementioned
material information on
information on the financial position of the Company.
the financial position of
the company
Vice-Chairman & CEO
Tarek Ibrahim Al-Mousa
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MRC - Metal & Recycling Company KSCP published this content on 30 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2023 18:20:22 UTC.
Metal and Recycling Co KSCP, formerly Kuwait Metal Collecting and Shredding Company KSCC, is a Kuwait-based metal and plastic recycling company. Its activities include the purchase and sale of scrap and used vehicles, spare parts, metal items and machinery; waste sorting and recycling, shredding, dismantling, repairing, and reselling, as well as import of machinery and materials required for recycling, shredding and storing scraps. It is also engaged in importing recycling, shredding and storing scrap machinery and equipment, in the establishment of or contribution to the industries that are ancillary to the trade and production of scrap, in the management and development of areas of sale, purchase and production of scrap in Kuwait and abroad, as well as in the incorporation or partial ownership of industrial companies, among others. As of December 31, 2011 the Company operated four 99% owned subsidiaries, three of them based in Kuwait, and one based in Jordan.
METAL AND RECYCLING COMPANY K.S.C. (PUBLIC) 
