KUWAIT INFORMATION REQUEST - BTU GROUP

UNCLAS KUWAIT 005654 SIPDIS STATE PASS OPIC FOR CARLA CHISSELL E.O. 12958: N/A TAGS: EINV KU SUBJECT: KUWAIT INFORMATION REQUEST - BTU GROUP REF: SECSTATE 316128 ¶1. As requested in reftel, post searched its records and found the following information for Al-Mal Kuwaiti Company and the Industrial and Financial Investments Company. Al-Mal Kuwaiti Company (KSCC) is a shareholding investment company established in 1980, with approximately 35 employees. Its paid capital was about 35 million Kuwaiti dinars (about $115 million). Post has no negative information on Al-Mal Kuwaiti Company. ¶2. The Industrial and Financial Investments Company was incorporated in 1983 and listed in 1996. Its principal activities are investing, financing, trading and managing funds and assets related to industrial and complementary projects in Kuwait and abroad. The company's paid capital is approximately 25 million Kuwaiti dinars (about $83 million). Post also has no negative information on the Industrial and Financial Investments Company. MORAN