Business Gate Holding Company
Symbol Business Gate OTC Code 510 Type of Trade NEGDEAL
Date of last trade/ date of last hybrid deal:  
Last Price:  

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Company Name Business Gate Holding Company
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 15 February 2006
Company purpose

- Own shares of Kuwaiti or foreign shareholding companies as well as own shares of limited liabilities companies, or participate in the establishment, management, lending and sponsorship of these companies.

- Provide credit facilities to companies in which the Company owns shares and guarantee them to others, providing that the holding company must own at least 20% of the borrowing company's capital.

- Own industrial property rights, patents, trademarks, rights related to publications, for its own use and to rent them to others.

- Own movable assets and real estate required to carry out the Company’s activities within the limits permitted by law.

- Utilize the Company's surplus to invest it in financial portfolios managed by specialized companies.

- The Company may carry out the above-stated objectives in Kuwait or aboard on its behalf or on behalf of others.

- The Company may have an interest with entities that carry out businesses similar to its own or that may be conducive in accomplishing its objectives.

- The Company may buy, participate in, associate with or merge with such entities in the State of Kuwait or abroad.
Company profile

* Business Gate Holding Company was established on 15 February 2006 as a Kuwait Closed Shareholding Company. The Company’s capital is KWD 2.5 million, divided into 25 million shares, at 100 fils per share. 

Activities:

- Establish and manage financial portfolios.

- Finance and investment companies and institutions – stocks and bonds.
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 18 November 2018
Type of deal NEGDEAL
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 17 July 2023
Location

East, sq. 6 m, 38 m 2, floor 10, King Abdul Rahman Al-Hamoud

Tel

Fax

24758076

Email Address

Website

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.

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