Magic Capital Holding Company
Symbol Magic Capital OTC Code 1023 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:  
Last Price:  

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Company Name Magic Capital Holding Company
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 08 November 2015
Company purpose
  • Owning shares of Kuwaiti or foreign shareholding companies, as well as owning shares or shares in Kuwaiti, foreign or foreign limited liability companies, or participating in the establishment, management, lending and guarantee of these two types of companies with third parties. 
  • Lending to companies in which it owns shares and guaranteeing them with others, in which case the holding company's participation in the capital of the borrowing company shall not be less than 20%. 
  • Owning industrial property rights such as patents, industrial trademarks, industrial drawings or any other related rights and leasing them to other companies for exploitation, whether inside or outside Kuwait. 
  • Owning movables and real estate necessary to carry out its activities within the limits permitted in accordance with the law. 
  • Exploiting the financial surpluses available to the company by investing them in financial portfolios managed by specialized companies and entities. The company shall carry out the aforementioned business in the State of Kuwait and abroad in an original or by proxy.

The company may have an interest or participate in any way with entities that carry out similar business or that may assist it in achieving its objectives in Kuwait or abroad, and may establish, participate, purchase or attach such bodies to them. 

Company profile

Magic Capital Holding Company - a Kuwaiti shareholding company (formerly closed) was established under the name Jood National Holding (formerly) in accordance with the provisions of the Commercial Companies Law on November 8, 2015. 

Company Capital 

Magic Capital's authorized, issued and paid up capital is KD 2,064,400 distributed over 20,644,000 shares with a nominal value of (100 fils) per share, and all shares are cash. 

Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 13 September 2023
Type of deal HYBRID
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 28 October 2024
Location

Manqaf-Block 4-Lafi Al duwaihi complex

Tel

Fax

Email Address

Website

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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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