Jablah Holding Company K.S.C
Symbol Jablah OTC Code 313 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   18 April 2024
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Company Name Jablah Holding Company K.S.C
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 24 December 2002
Company purpose
  • Engaging in the ownership of shares in Kuwaiti or foreign shareholding companies, as well as shares in Kuwaiti or foreign limited liability companies, and actively participating in the establishment, lending, and guaranteeing of these companies in collaboration with other parties.
  • Providing loans to companies in which the holding company owns shares and guaranteeing them with others, with the condition that the holding company's capital participation in the borrowing company is not less than 20%.
  • Owning industrial intellectual property rights, including patents, industrial trademarks, industrial designs, and related rights, and leasing them to other companies for exploitation, both domestically and internationally.
  • Owning movable and immovable assets that are necessary for the operations of the holding company, in adherence to applicable regulations and laws.
  • Utilizing the available financial surplus of the parent company by investing it in financial and real estate portfolios managed by specialized companies.
Company profile

Jiblah Holding Company - K.S.C.C was initially established as the Industrial Company for Light Projects on December 24, 2002, under Articles of Association No. 5775 Leather 1, in accordance with the Commercial Companies Law. During the first quarter of 2005, it was converted into a holding company known as Jiblah Holding Company, aligning with the provisions of the Commercial Companies Law No. 15 of 1960 and subsequent amendments. Jiblah Holding Company operates as a Kuwaiti closed shareholding company (Commercial Registration No. 92413), with the objective of diversifying activities and capitalizing on investment and contribution opportunities.

Company capital:

- The previous capital of Jiblah Holding was KD 18,364,320, distributed over 183,643,200 shares, each with a nominal value of 100 fils.
- As reflected in the company's annual financial report for the financial year ending on March 31, 2011, the issued and fully paid-up capital of Jiblah Holding stands at KD 19,741,644, distributed over 197,416,440 shares, with a nominal value of 100 fils per share. All shares have been paid in cash.
- According to the company's annual financial report for the financial year ending on August 31, 2021, the issued and fully paid-up capital of Jableh Holding is KD 8,278,698 (eight million two hundred seventy-eight thousand, six hundred and ninety-eight Kuwaiti Dinars), distributed over 82,786,980 shares, as of 2020. Each share has a nominal value of 100 fils, and all shares have been paid in cash.

Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 18 November 2018
Type of deal HYBRID
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 24 September 2024
Location

Kuwait, Sharq, Al Shuhada street, KIPCO Tower, 46th Floor, Office (9).

Tel

22454062

Fax

22454061 - 24613188

Email Address

Info@jiblah.com

Website

www.jiblah.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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