Press Release

  • Equate And TKOC Dividend Announcement March 2013 - Monday, March 25, 2013



    The General Assemblies for both Equate Petrochemical Company (“Equate”) and The Kuwait Olefins Company (“TKOC”) was held on 21/03/2013 and approved the cash dividends for the financial year ending 31/12/2012.


    Boubyan Petrochemical Company’s share of cash dividend from both Equate and TKOC for the year ending 31/12/2012 is a total amount of US$93.47 million (equivalent to approximately KWD 26.56 million, according to current exchange rates).


    Boubyan Petrochemical Company will recognize the cash dividends in the last quarter of the financial year ending 30/04/2013.