International Resorts Company K.P.S.C. (KWSE:IRC) signed a preliminary agreement to acquire Real Estate Asset Management Company (REAM) - KPSC (KWSE:REAM) on August 26, 2018. Post acquisition, the name of the combined entity will be Global Resorts Holding Company KSC Holding Company. As of April 8, 2019, the Kuwaiti Capital Market Authority rejected the deal.

International Resorts Company K.P.S.C. (KWSE:IRC) cancelled the acquisition of Real Estate Asset Management Company (REAM) - KPSC (KWSE:REAM) on August 26, 2019.