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Ali Tewfani's "Kefik" share drops to 8.213%
Coveek Investment Company announced that the ownership percentage of shareholder Ali Tifoni in the company has decreased to 8.213% after completing the merger process of Rasameel Investment through an absorption deal. His number of shares remained unchanged, but his ownership percentage declined as a result of the merger. The company's total shares increased to approximately 298.91 million shares from 245.49 million prior to the merger. The company also announced losses of 386.89 thousand Kuwaiti dinars in the first quarter of 2026, compared to profits of 2.37 million Kuwaiti dinars in the same period of 2025.
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