Tamkeen Holding Company
Symbol Tamkeen Holding OTC Code 229 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   04 May 2023
Last Price:   Last Price is available exclusively to certain of our subscriptions. Refer to the features of our different packages.

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Company Name Tamkeen Holding Company
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 01 November 1992
Company purpose - Owning shares in Kuwaiti or foreign shareholding companies
- Owning shares or equity in Kuwaiti or foreign limited liability companies
- Participating in the establishment, management, financing, and guarantee of shareholding and limited liability companies
- Financing companies in which Tamkeen Holding Company owns shares and providing guarantees, with a minimum participation of 20% in the capital of the borrowing company
- Owning industrial property rights (e.g., patents, industrial trademarks, industrial drawings) and leasing them to other companies for exploitation, both within and outside Kuwait
- Ownership of necessary movables and facilities for conducting company activities within legal limits
- Investing financial surpluses in managed financial portfolios through specialized companies or bodies
- Adhering to the principles and provisions of Islamic Sharia in all business activities, with guidance from the Fatwa and Sharia Supervisory Board
- Conducting business operations in Kuwait and abroad directly or through proxies
- Establishing partnerships or having an interest in companies or bodies engaged in similar businesses or that can support the achievement of its objectives, through establishment, participation, acquisition, or attachment
Company profile Tamkeen Holding Company, which is currently being liquidated and was formerly known as Safat International Holding Company - K.P.S.C., originated as the Gulf Horizon General Trading and Contracting Company. This entity was a limited liability company co-founded by Jassim Mohammed bin Issa & Partner, as per the Memorandum of Association dated November 1, 1992, along with subsequent revisions. On March 14, 2006, the company underwent a legal transformation, transitioning into a Kuwaiti public shareholding company and transferring all assets and liabilities to the newly established entity following an evaluation process. The formal rebranding was ratified during the Extraordinary General Assembly on August 3, 2017, by amending Article (2) of the Memorandum of Association and Article (1) of the Articles of Association, subsequently adopting the new name "Tamkeen Holding Company - K.P.S.C.P." This change is recorded in the Commercial Register with the number 48217.

Company Capital:
As of the company's annual financial report for the fiscal year ending on December 31, 2020, the capital of Tamkeen Holding Company K.S.C.P. is KD 6,675,000 (compared to KD 6,675,000 in 2019). This capital is distributed over 66,750,000 shares, with each share valued at 100 fils. The capital comprises both cash and in-kind contributions, where the cash capital amounts to KD 4,675,000, and the in-kind capital amounts to KD 2,000,000.
Shareholding records Kuwait Clearing Company (KCC)
Auditor BDO Al Nisf and Partners
Date of joining the OTC Platform 27 November 2022
Type of deal HYBRID
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 11 December 2024
Location

Al-Qibla - Fahd Al-Salem Street - Al-Watania Real Estate Tower - Floor 6 - Office 3

Tel

22255929

Fax

22255470

Email Address

info@tamkeenholding.com

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If a company wishes to remove the available information from this website, the management of the company can do so through the provided link and by contacting Almowazi telephonically on the numbers provided on its website.

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