Ajwan Gulf Real Estate Co. K.S.C. (Public)
Symbol Ajwan OTC Code 253 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   06 August 2025
Last Price:   Last Price is available exclusively to certain of our subscriptions. Refer to the features of our different packages.

Disclaimer:
Almowazi has compiled a database of unlisted companies using information obtained from the unlisted companies themselves or from various official sources, including but not limited to company websites and/ or other disclosures made. This database provides updated information in an easily accessible format, allowing shareholders in these companies to follow up on these in real time.

Unlisted and private companies are not subject to the same regulations obligations as listed companies, therefore, by disclosing their information, they can improve transparency by updating their information on the Almowazi website by contacting Almowazi directly via email (info@almowazi.com) or phone. 
If a company wishes to remove the available information from this website, the management of the company can do so through the provided link or by contacting Almowazi telephonically on the numbers provided on its website.

However, it is important for shareholders, investors, and users of the Almowazi website to exercise caution and consult additional sources of information before making any investment decisions. 

Almowazi’ s website management does not accept legal responsibility for any discrepancies or lack of updates regarding the information provided on the website.

Company Name Ajwan Gulf Real Estate Co. K.S.C. (Public)
Sector Real Estate
Sub-sector
Legal form Kuwaiti Public Shareholding Company
Company establishment date 09 November 2008
Company purpose
  • Owning, selling, and buying real estate and land, as well as developing and managing properties.
  • Owning, selling, and buying shares and bonds of real estate companies, both domestically and internationally.
  • Conducting maintenance work on buildings and real estate, including those owned by the company and others.
  • Organizing real estate exhibitions and projects undertaken by the company.
  • Holding real estate auctions.
  • Owning and managing commercial markets and residential complexes.
  • Managing, operating, investing in, owning, renting, and leasing hotels, clubs, motels, guest houses, rest houses, parks, gardens, exhibitions, restaurants, cafeterias, residential complexes, tourist and health resorts, recreational and sports projects, and shops.
  • Providing all necessary services, assistance, ancillary facilities, and other support services for the aforementioned properties and projects.
Company profile

On November 9, 2008, Ajwan was incorporated in accordance with the Commercial Companies Law in the State of Kuwait. The company was officially registered in the Kuwaiti Commercial Register under No. 91789.  The legal form of the company was changed to a Kuwaiti closed shareholding company on March 26, 2006. Subsequently, on March 8, 2015, the legal form was again changed to a Kuwaiti public shareholding company.

Ajwan's shares were listed on the Kuwait Stock Exchange on June 4, 2008. However, the CMA Board of Commissioners issued resolution  No. 30 of 2022, stating that Ajwan's shares will be delisted from Boursa Kuwait (Main Market) as of August 17, 2022.

Company capital:
As indicated in the financial report for the six months ended June 30, 2022, the authorized and issued capital of Gulf Ajwan Real Estate is KD 11,230,402 (as per the capital on 31 Dec 2021). This represents a decrease from KD 21 million at the end of June 30, 2021. The capital is divided into 210 million shares, with a nominal value of 100 fils per share. All shares have been paid in cash.
Shareholding records Kuwait Clearing Company (KCC)
Auditor BDO Al Nisf and Partners
Date of joining the OTC Platform 22 August 2022
Type of deal HYBRID
Sharia'a compliant No
Source of Data
Various credible sources
Last Updated On 18 September 2024
Location

Al Mirqab - Block 2- Street 72 - Al Taf Complex - Floor 2

Tel

22301465

Fax

22996491

Email Address

info@ajwangulf.net

Disclaimer

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.

Edit / Update Request