Jeeran Holding Company
Symbol Jeeran OTC Code 202 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   26 March 2025
Last Price:   Last Price is available exclusively to certain of our subscriptions. Refer to the features of our different packages.

Disclaimer:
Almowazi has compiled a database of unlisted companies using information obtained from the unlisted companies themselves or from various official sources, including but not limited to company websites and/ or other disclosures made. This database provides updated information in an easily accessible format, allowing shareholders in these companies to follow up on these in real time.

Unlisted and private companies are not subject to the same regulations obligations as listed companies, therefore, by disclosing their information, they can improve transparency by updating their information on the Almowazi website by contacting Almowazi directly via email (info@almowazi.com) or phone. 
If a company wishes to remove the available information from this website, the management of the company can do so through the provided link or by contacting Almowazi telephonically on the numbers provided on its website.

However, it is important for shareholders, investors, and users of the Almowazi website to exercise caution and consult additional sources of information before making any investment decisions. 

Almowazi’ s website management does not accept legal responsibility for any discrepancies or lack of updates regarding the information provided on the website.

Company Name Jeeran Holding Company
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 03 June 2001
Company purpose
  • Owning shares of Kuwaiti or foreign joint-stock companies, as well as owning shares or stakes in Kuwaiti or foreign limited liability companies, or participating in establishing these companies of both types, managing, lending, and guaranteeing them to others.
  • Lending to companies in which the company owns shares and guaranteeing them with others, in this case, the share of the holding company in the capital of the borrowing company must not be less than 20% at least.
  • Owning industrial property rights such as patents, industrial trademarks, industrial drawings, or any other rights related to this, and leasing them to another company and exploiting them, whether inside or outside Kuwait.
  • Owning movables and real estate necessary to conduct its activity within the limits permitted in accordance with the law.
  • Utilization of surplus funds available to the company by investing them in portfolios managed by specialized companies and entities.
  • General trading, contracting and production of cement bricks, asphalt production and ready mixing works.
  • Owning, selling, and purchasing real estate and land and developing them for the company’s account inside and outside the State of Kuwait, as well as managing the property of others, all of which does not contradict the provisions stipulated in the existing laws and what they have prohibited from trading in private housing plots as stipulated in these laws.
  • Owning, selling, and buying shares and bonds of real estate companies for the company’s account only in the State of Kuwait and abroad.
  • Preparing studies and providing consultations in real estate fields of all kinds, provided that the conditions required for those who practice providing this service are met.
  • Owning and managing, leasing, and renting hotels, health clubs and tourist facilities.
  • Carrying out maintenance work related to buildings and real estate owned by the company and by others, including maintenance work, implementation of civil, mechanical, and electrical works, elevators, and air conditioning works to ensure the preservation and safety of the buildings.
  • Managing, operating, investing, renting, and renting hotels, clubs, motels, guest houses, rest houses, parks, gardens, exhibitions, restaurants, cafeterias, residential complexes, tourist, and health resorts, recreational and sports projects, and stores, at various levels and levels, including all original services, assistance, facilities attached to them, and other services necessary for them.
  • Organizing real estate exhibitions, according to the regulations in force at the Ministry of Commerce and Industry in the State of Kuwait.
  • Holding real estate auctions, according to the regulations in force at the Ministry of Commerce and Industry in the State of Kuwait.
  • Owning and managing commercial markets and residential complexes.
  • Direct contribution to laying the infrastructure for residential, commercial, and industrial areas and projects with the BOT system and real estate facilities management (BOT) system.

The company may undertake the business in the State of Kuwait and abroad in an original or by proxy capacity, and the company may have an interest or participate in any way with the bodies that carry out activities like its work or that might assist it in achieving its objectives in the State of Kuwait or abroad, and it may purchase, or These entities participate in or attach to them.

Company profile

Jeeran Holding Company - K.S.C.C. (Holding) was incorporated in accordance with the constitutional documentation of a Kuwaiti shareholding company, stipulated by the Ministry of Justice - Real Estate Registration and Documentation Department - in the State of Kuwait, bearing the document number 1892/Volume 1 on June 3, 2001. The company has undergone several changes to its formation documents, with the latest recorded amendment entered in the commercial register under number 84855 on August 19, 2015.
The shares of Jeeran Holding were introduced to the Kuwait Stock Exchange on March 6, 2006, and subsequently, the company opted to exit the Kuwaiti market on June 25, 2017.

Company Capital Information:

  •  As stated in the financial report for the fiscal year concluding on February 28, 2017, Jeeran Holding's authorized, issued, and fully paid-up capital stands at KD 15,015,000, which is allocated across 150,150,000 shares, each bearing a nominal value of 100 fils, with all shares paid-up in cash.
  • The previous capital figure for Jeeran Holding was KD 15,765,750. On September 4, 2019, the company’s Extraordinary General Assembly approved an increase in the capital from KD 15,765,750 to KD 16,554,037.500, effected through the issuance of 7,882,875 bonus shares to shareholders who were registered in the company's records up to the date of the assembly. Consequently, the total capital increase amounted to KD 788,287.500.
Shareholding records Kuwait Clearing Company (KCC)
Auditor AlWaha Auditing office
Date of joining the OTC Platform 18 November 2018
Type of deal HYBRID
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 17 September 2024
Location

Industrial Ardiyah - Plot 1 - Building 264

Tel

22054250- 24747188

Fax

22054299

Email Address

info@jeeranholding.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.

Edit / Update Request