Alsoor International Holding Company
Symbol Alsoor Holding OTC Code 1006 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   16 April 2025
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Company Name Alsoor International Holding Company
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 26 July 2005
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.
  • Own movable assets and real estate required to carry out the Company’s activities within the limits permitted by law.
  • 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 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.
  • Utilize the Company's surplus to invest it in financial portfolios managed by specialized companies.
Company profile

Al-Soor International Holding, a Kuwaiti shareholding corporation (closed), was originally founded as Al-Soor Finance Company pursuant to Kuwaiti commercial company laws on July 26, 2005, and entered into the commercial registry with registration number 109327. On January 19, 2017, an Extraordinary General Assembly of shareholders resolved to rename the entity from Al-Soor Finance Company - K.S.C. (closed) to Al-Soor International Holding Company - K.S.C. (closed). Concurrently, amendments were made to the Company's Articles of Association to remove financing operations from its objectives, which the Ministry of Commerce approved on February 7, 2017. The company informed the Central Bank of Kuwait about these changes and requested deregistration as a finance company on February 8, 2017.

The deregistration of the company from the Finance Companies Register at the Central Bank of Kuwait was effectuated on March 28, 2017, as decreed by Ministerial Resolution No. 17 of 2017, and was officially announced in the Official Gazette on April 9, 2017.

Capital Profile of Al-Soor International Holding
According to the annual financial statement for the fiscal year concluding on March 31, 2022, the authorized and fully paid-up share capital of Al-Soor International Holding remained KD 50 million consistent with the previous year's amount reported in March 2021. This capital is allocated across 500 million shares (five hundred million shares), each with a par value of 100 fils, and all issued shares have been fully paid in cash.
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 15 November 2022
Type of deal HYBRID
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 25 August 2024
Location

Al-Mirqab, Block 1, Al-Sour Street, Building 4, Jassem Al-Asfoor owned, Floor 5

Tel

Fax

22960302- 22960304

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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