KGL Logistics Company
Symbol KGL Logistics OTC Code 272 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   27 August 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 KGL Logistics Company
Sector Services
Sub-sector Transportation & Logistics
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 03 May 2000
Company purpose
  • Establishing various types of warehouses, including refrigerated and dried stores.
  • Creating storage areas and spaces for goods, commodities, raw materials, and equipment, including car storage yards and heavy equipment.
  • Managing and maintaining warehouses, ensuring stock protection, and providing packaging and assembly services for materials and goods to be marketed.
  • Offering warehouse rental services and inventory management for third parties.
  • Storing all types of goods, adhering to customs regulations and practicing customs handling activities.
  • Equipping warehouses with necessary installations, equipment, and cranes to facilitate the arrangement and movement of goods within the warehouse area.
  • Establishing and renting buildings to support the parent company's operations.
  • Managing inventory stagnation and obsolescence by selling commodity stock within or outside Kuwait through dedicated auctions.
  • Handling customs clearance, land, sea, and air freight, transportation, logistical management, distribution, and packaging of incoming and outgoing goods.
  • Conducting e-commerce activities and supporting services relevant to the parent company's operations.
  • Establishing, equipping, managing, operating, and maintaining storage and customs areas and warehouses of various types in Kuwait and abroad under the Build, Operate, and Transfer (BOT) system.
  • Owning movable and real estate assets necessary for conducting business activities within legal limits.
  • Utilizing financial surpluses by investing in specialized companies and portfolios.
  • Carrying out computer work, including designing programs tailored to the parent company's activities.
  • The parent company may have an interest in or participate with entities engaged in similar businesses or those that can assist in achieving objectives, both within Kuwait and internationally. The company has the authority to establish, participate in, purchase, or attach such entities.
Company profile KGL Logistics Company, a Kuwaiti closed shareholding company, was established on May 3, 2000, in accordance with the Commercial Companies Law in Kuwait. The company is registered under No. 81703 in the Kuwaiti Commercial Register.
 On December 8, 2009, the company's shares were listed on the Kuwait Stock Exchange. However, on April 4, 2022, KGL Logistics was delisted from Boursa Kuwait.

Company Capital:

According to the financial report for the year ended December 31, 2021, KGL Logistics has authorized, issued, and fully paid-up capital of KD 77,184,778. This capital remains the same as the previous year's financial report. The capital is distributed over 771,847,787 shares, with a nominal value of 100 fils per share. All the shares are cash shares.
Shareholding records Kuwait Clearing Company (KCC)
Auditor Rodl Middle East
Date of joining the OTC Platform 08 June 2022
Type of deal HYBRID
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 19 September 2024
Location

Shuwaikh - Al-Ghazali Bridge intersection 60 with Jahra Road 80

Tel

1845455- 1888700

Fax

24926897- 22246429

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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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