Kuwait Dairy Company
Symbol KDCOW OTC Code N/A Type of Trade GCC
Date of last trade/ date of last hybrid deal:   10 October 2024
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Company Name Kuwait Dairy Company
Sector Food & Beverage
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 05 January 2011
Company purpose
  • Carry out production, packaging, processing, selling, and distribution of fresh dairy products, including milk, yogurt, cheese, ice cream, and related products, subject to approval from the Public Authority for Industry.
  • Engage in the production, packaging, selling, and distribution of various types of juices, nectars, and fruit syrups, after obtaining required approvals.
  • Breed and import cows and calves for dairy production purposes.
  • Establish and acquire farms, pastures, barns, lands, and real estate necessary for achieving company objectives, both within Kuwait and internationally.
  • Import, export, and manufacture livestock feed, subject to official approvals.
  • Import and purchase equipment, machinery, devices, transportation means, and materials required for production, manufacturing, and marketing solely for the company's purposes.
  • Produce, package, and sell food items aligned with the company's objectives.
  • Establish and operate laboratories for testing and analyzing food products, subject to necessary authorities' approval.
  • Engage in the production, bottling, sale, and distribution of drinking water.
  • Import and purchase veterinary medicines, devices, and materials needed for livestock breeding and veterinary work, subject to approved regulations and solely for company purposes.
  • Produce plastic containers, subject to approval from the Public Authority for Industry.
  • Produce, manufacture, and package dairy products, including ice cream and reconstituted milk, and conduct relevant operations such as import, export, sale, and distribution after obtaining necessary approvals.
  • Engage in similar or complementary business activities related to the company's objectives.

Cooperate and participate with other entities involved in similar businesses to achieve company objectives, domestically or internationally, including establishing, participating in, acquiring, or attaching these entities.

Company profile

Kuwait Dairy Company, a Kuwaiti shareholding company (closed), was established in accordance with the Commercial Law on June 7, 1978. Its primary focus is on the production, packaging, processing, sale, and distribution of fresh dairy products. The company is registered in the commercial register under No. 26776.

Company Capital:

  • The capital of Kuwait Dairy, as stated in the annual financial report for the fiscal year ending December 31, 2018, was KD 2,050,000. It was distributed among 20,500,000 shares with a nominal value of 100 fils per share.
  • In an Extraordinary General Assembly held on April 10, 2019, Kuwait Dairy approved a capital increase from KD 2,050,000 to KD 2,255,000. This increase was achieved by distributing bonus shares at a rate of 10% to shareholders, resulting in a total number of capital shares of 22,550,000.
  • In another Extraordinary General Assembly held on May 12, 2020, Kuwait Dairy further increased its capital from KD 2,255,000 to KD 2,500,000. It was distributed among 25,000,000 shares of 100 fils each, fully paid in cash.
  • In the most recent Extraordinary General Assembly held on April 6, 2021, Kuwait Dairy approved a capital increase from KD 2,500,000 to KD 2,750,000. This increase led to a distribution of 27,500,000 shares with a nominal value of 100 fils each, fully paid in cash.
  • Presently, Kuwait Dairy's authorized, issued, and paid-up capital is KD 3,000,000, distributed among 30,000,000 shares with a nominal value of 100 fils per share, fully paid in cash.
Shareholding records Gulf Custody Company (GCC)
Auditor Ernst & Young - Al Osaimi & Partners
Date of joining the OTC Platform
Type of deal Private
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 28 April 2025
Location

Crusader agricultural - S 10 - building 68/69 land of the King of the State

Tel

22257212

Fax

24676612

Email Address

info@kdcow.com

Website

www.kdcow.com

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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