Flex Real Estate and Health Clubs Company
Symbol Flex Real Estate OTC Code 579 Type of Trade NEGDEAL
Date of last trade/ date of last hybrid deal:   15 July 2025
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 Flex Real Estate and Health Clubs Company
Sector Real Estate
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 16 May 2001
Company purpose
  • Manage the Company’s subsidiaries and affiliates and provide the necessary support.
  • Invest the Company’s funds through trading in stocks and bonds, as well as other securities.
  • 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 in Kuwait and abroad.
  • 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, and it may buy, participate in, associate with or merge with such entities in the State of Kuwait or abroad.
Company profile

Flex Real Estate and Health Clubs Company was established as a Kuwaiti Holding Shareholding Company under the name (formerly Aknan Global Holding) in accordance with the provisions of the Commercial Companies Law on May 16, 2001. The company was registered in the commercial register under No. 81945.

Company Capital
The authorized, issued, and paid-up capital of Flex Real Estate, as stated in the financial report for the year ending December 31, 2018, is KD 5,920,360, distributed over 59,203,600 shares with a nominal value of 100 Fils per share, all of which are cash shares.
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 18 November 2018
Type of deal NEGDEAL
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 08 August 2025
Location

Al Mirqab - Khalid Bin Al Waleed Street - Mazaya Tower 3- Floor 21

Tel

Fax

22546772

Email Address

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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