Disclosure of Material Information Form


Details
Gulf Cables & Electrical Industries Group Co. (K.S.C.P)
11-10-2026

Material information form

Others
Material Information Disclosure
19/05/2026
We would like to inform you that Tender No. MEW/22/2024-2025 for the supply of copper connectors for overhead cables has been awarded to the company for a total amount of KWD 1,535,750, being the second lowest bid after excluding the lowest-priced offer due to non-compliance with the terms and specifications. Accordingly, the Ministry of Electricity and Water will be approached to complete the procedures for signing the contract related to the tender upon receipt of the official award letter.
Nil
Disclosure.pdf

Supplementary disclosure form

Supplementary Disclosure of Material Information
19-05-2026
Kindly be informed that the Company has signed with M/S. Ministry of Electricity and Water contract related tender No. MEW/22/2024-2025 Supplying Overhead Conductors total amount of KWD 1,535,750.
Achieving operational profit from 3% to 5% during the year 2026 - 2027

Significant effect on the financial position shall be mentioned if the material information can measure that effect, excluding the financial effect resulting from tenders or similar contracts.

If a listed company, which is a member of a group, disclosed some material information related to it and has significant effect on other listed companies’ which are members of the same group, the other companies’ disclosure obligations are limited to disclosing the information and the financial effect occurring to that company itself.

The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure.This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.