Investor Relations
UPAC abides by the required international standards for preparing and presenting its financial results. This includes the results of its subsidiary (Royal Aviation Kuwait) in which UPAC holds a 66.57% ownership.
Key Financial Highlights
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Financial Statement
Annual Reports
UPAC maintains sufficient liquidity to cover its obligations and/or internal financing requirements, which also covers the obligations and requirements of its subsidiary, Royal Aviation Kuwait.
Disclosures
UPAC Board of Directors shall meet on 27 March 2024
21 March 2024
Disclosure of Material Information Regarding a Subsidiary
21 January 2024
CMA Approval to Renew the Right to Deal in Treasury Shares
18 January 2024
Transaction of an insider on UPAC shares
20 December 2023
Transaction of an insider on UPAC shares
10 December 2023
Transaction of an insider on UPAC shares
06 December 2023
Transaction of an insider on UPAC shares
05 December 2023
Transaction of an insider on UPAC shares
04 December 2023
Financial results for the period ending on 30 September 2023
15 November 2023
UPAC Board of Directors shall meet on 14 November 2023
07 November 2023
Disclosure regarding the lawsuits and court judgments
26 October 2023
Supplementary disclosure regarding a subsidiary of UPAC
26 September 2023
Financial results for the period ending on 30 June 2023
06 August 2023
UPAC Board of Directors shall meet on 03 August 2023
31 July 2023
Results of the BOD Meeting
01 May 2023
UPAC Board of Directors shall meet on 30 April 2023
26 April 2023
UPAC Board of Directors shall meet on 29 March 2023
27 March 2023
Supplementary disclosure regarding investment in Reem Mall project
04 December 2022
Financial results for the period ending on 30 September 2022
06 November 2022
UPAC Board of Directors shall meet on 03 November 2022
01 November 2022
The General Assembly will convene on 25 May 2022
11 May 2022
Supplementary disclosure regarding a subsidiary
21 Apr 2022
Supplementary disclosure regarding a subsidiary
05 Apr 2022
Supplementary Disclosure Regarding a Subsidiary
30 Jan 2022
Financial results for the period ending on 30 September 2021
09 November 2021
Formation of the Board of Directors
30 May 2021
Trading of a corporate insider on UPAC shares
13 April 2021
UPAC Board of Directors shall meet on 29 March 2021
25 March 2021
Results of the Board of Directors meeting
31 January 2021
UPAC Board of Directors shall meet on 28 January 2021
27 January 2021
Trading a corporate insider on UPAC shares
25 January 2021
Trading a corporate insider on UPAC shares
20 December 2020
Invitation to subscribe into the Company's capital increase shares
29 November 2020
Corporate action timeline for the Company's capital increase shares
16 November 2020
Financial results for the period ending on 30th September 2020
12 November 2020
UPAC Board of Directors shall meet on 11 November 2020
05 November 2020
Results of the Board of Directors meeting
13 October 2020
UPAC Board of Directors shall meet on 12 October 2020
12 October 2020
Financial results for the period ending on 30th June 2020
16 August 2020
Financial results for the period ending on 31st March 2020
16 August 2020
Supplementary disclosure regarding a subsidiary
13 August 2020
UPAC Board of Directors shall meet on 13th August 2020
11 August 2020
Results of the Board of Directors meeting
15 MARCH 2020
UPAC Board of Directors shall meet on 12th March 2020
10 MARCH 2020
Material information disclosure regarding a subsidiary
05 MARCH 2020
Disclosure regarding the lawsuits and court judgments
17 FEBRUARY 2020
Disclosure regarding the lawsuits and court judgments
09 JANUARY 2020
Comments on news circulated in social media
09 DECEMBER 2019
Financial results for the period ending on 30th September 2019
05 NOVEMBER 2019
UPAC Board of Directors shall meet on 04th November 2019
31 OCTOBER 2019
UPAC Board of Directors shall meet on 25th July 2019
22 JULY 2019
Corporate Action Confirmation
14 APRIL 2019
Trading a corporate insiders to UPAC shares
27 FEBRUARY 2019
The results of the subscription to UPAC capital increase shares
20 FEBRUARY 2019
Financial results for the year ending on 31st December 2018
11 FEBRUARY 2019
UPAC Board of Directors shall meet on 10th February 2019
05 FEBRUARY 2019
The financial results for the period ending on 30 September 2018
07 NOVEMBER 2018
UPAC Board of Directors shall meet on 05th November 2018
05 NOVEMBER 2018
The results of the board of directors meeting held on 12 September 2018
13 SEPTEMBER 2018
UPAC Board of Directors shall meet on 12 September 2018
10 SEPTEMBER 2018
The financial results for the period ending on 30 June 2018
05 AUGUST 2018
UPAC Board of Directors shall meet on 02 August 2018
31 JULY 2018
Formation of UPAC Board of Directors
02 MAY 2018
Confirm the cash dividend timetable
02 MAY 2018
Financial results for the period ending on 31st December 2017
27 FEBRUARY 2018
UPAC Board of Directors shall meet on 22 February 2018
22 FEBRUARY 2018
Confirm the timetable of shares entitlements
09 JANUARY 2018
Restructuring of the Board of Directors of UPAC
23 NOVEMBER 2017
The Board of Directors of UPAC shall meet on 08 November 2017
05 NOVEMBER 2017
The CMA approval on the public prospectus for UPAC capital increase
05 SEPTEMBER 2017
UPAC disclosure with regard to material information
03 AUGUST 2017
The AGM and EGM of UPAC shall be held on 11 May 2017
23 APRIL 2017
Annual financial statements form as of 31st Dec-16
12 MARCH 2017
The result of the EGM of UPAC held on 12th February 2017
12 FEBRUARY 2017
The EGM of UPAC to be held on 12 February 2017
29 JANUARY 2017
Results of BOD meeting of UPAC held on 03 Jan-17
04 JANUARY 2017
The Board of Directors of UPAC shall meet on 03 January 2017
03 JANUARY 2017
The results of the BOD meeting hold on 10 February 2016
13 NOVEMBER 2016
Financial disclosure form for the period ending on 30 September 2016
13 NOVEMBER 2016
UPAC Board of Directors shall meet on 10 November 2016
08 NOVEMBER 2016
UPAC Insiders list
09 OCTOBER 2016
Minutes of EGM
09 OCTOBER 2016
Declartion of Treasury Shares
09 OCTOBER 2016
Notification for EGM
01 SEPTEMBER 2016
Minutes of EGM
24 AUGUST 2016
Financial disclosures
03 AUGUST 2016
Notification for EGM
02 AUGUST 2016
NotifIcation for BOD meeting
31 JULY 2016
Minutes of BOD
15 MAY 2016
Notify for meeting of BOD
11 MAY 2016
Financial disclosures
04 MAY 2016
Minutes of AGM
03 MAY 2016
Notify for meeting of BOD
02 MAY 2016
Notify for meeting of AGM
04 APRIL 2016
Financial disclosures
13 MARCH 2016
NotifIcation for BOD meeting
08 MARCH 2016
Disclosure of shareholders who owns more than 5%
22 FEBRUARY 2016
Financial disclosures
11 NOVEMBER 2015
Notify for meeting of BOD
03 NOVEMBER 2015
Financial disclosure
12 AUGUST 2015
NotifIcation for BOD meeting
10 AUGUST 2015
Minutes of AGM
17 MAY 2015
Notify for meeting of BOD
11 MAY 2015
NotifIcation for BOD meeting
15 APRIL 2015
Financial disclosures
19 MARCH 2015
NotifIcation for BOD meeting
15 MARCH 2015
Minutes of EGM
16 NOVEMBER 2014
Financial disclosures
12 NOVEMBER 2014
NotifIcation for BOD meeting
10 NOVEMBER 2014
Disclosure of "Al-Reem project " Partnership build up
27 OCTOBER 2014
Notification for EGM
12 OCTOBER 2014
providing MOCi certificates for BOD structure
01 OCTOBER 2014
Restructure of BOD
30 SEPTEMBER 2014
Financial statement
19 AUGUST 2014
Financial disclosures
14 AUGUST 2014
NotifIcation for BOD meeting
11 AUGUST 2014
UPAC profile updated on KSE website
16 JUNE 2014
Minutes of AGM
25 MAY 2014
Financial disclosures
15 MAY 2014
NotifIcation for BOD meeting
11 MAY 2014
Notification for AGM
27 APRIL 2014
Financial statement
25 MARCH 2014
Financial disclosures
19 MARCH 2014
Declartion of Treasury Shares
14 NOVEMBER 2013
NotifIcation for BOD meeting
04 NOVEMBER 2013
Declartion of Treasury Shares
27 OCTOBER 2013
NotifIcation for BOD meeting
05 AUGUST 2013
NotifIcation for BOD meeting
09 MAY 2013
Minutes of AGM
22 APRIL 2013
Disclosure for Wataniya airways Debt Settlement
21 APRIL 2013
Notify for meeting of AGM
31 MARCH 2013
NotifIcation for BOD meeting
10 MARCH 2013
Port folio Transfer request from Kammco to Bayan Investment Co.
05 FEBRUARY 2013
Disclosure of shareholders who owns more than 5%
29 NOVEMBER 2012
Notify for meeting of BOD
04 NOVEMBER 2012
Disclosure of shareholders who owns more than 5%
10 OCTOBER 2012
Notify for meeting of BOD
18 JULY 2012
List of BOD newly elected
10 JULY 2012
Provided MOCI certificate for BOD Structure
09 JULY 2012
Board of Directors list with their member status
08 JULY 2012
Notify for meeting of AGM
13 JUNE 2012
providing MOCi certificates for BOD structure
23 MAY 2012
Minutes of AGM
22 MAY 2012
Board of Directors list with their member status
21 MAY 2012
Notify for meeting of BOD
09 MAY 2012
Notify for meeting of AGM
25 APRIL 2012
Minutes of AGM
17 APRIL 2012
Distribution of Dividend for the year 2011 started
22 MARCH 2012
Notification for AGM meeting
07 MARCH 2012
Notification for BOD meeting
25 JANUARY 2012
Corporate Governance
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Building a sound structure for the Board of directors which compose of competent and qualified members. -
Allocating qualified members to established board committees and ensuring that proper and clear roles and responsibilities are identified and that continuous performance monitoring process is in place to ensure effectiveness of established committees.
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Ensuring that continuous training and development initiatives are in place to support the Board and Executive Management in fulfilling their expected role and that performance is periodically assessed to identify development opportunities where required.
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Setting clear Roles and Responsibilities for the Board and Executive Management and ensuring that such roles and responsibilities are carried out in line with ethical code of conduct adopted by the Company to avoid conflicts in responsibilities and optimize the benefits from their assigned role.
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Setting sound risk management and internal controls systems and ensuring the establishment of an effective risk management and internal audit functions to ensure the proper implementation of the adopted systems.
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Identifying the Company’s Stakeholders and setting effective guidelines and mechanisms to maximize their participation in the business and to protect their rights.
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Ensure effectiveness of internal and external audit activities as well as the respective Board Committees in handling its role related to ensuring the integrity of the Company’s financial reporting.
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Setting up mechanisms which ensure that the rights of shareholders are well protected and that all shareholders are treated equally and in a fair manner.
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Contributing towards the society through adopting a sound corporate social responsibility framework which achieves the best interest of both the Company and society.