Safat Industries Holding Co.
Symbol Safat Industries OTC Code 353 Type of Trade NEGDEAL
Date of last trade/ date of last hybrid deal:  
Last Price:  

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Company Name Safat Industries Holding Co.
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 28 October 2002
Company purpose

- 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.

- 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.

- 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 parent 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

* Safat Industries Holding Company is a Kuwaiti Closed Shareholding Company, headquartered in Kuwait. It was established in 2002 as a Limited Liabilities Company, then its legal entity was converted to a Holding company in 2005 to seek new investment opportunities, as the Company is focusing on investment in the industrial sector in Kuwait, GCC and Asia.
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 05 December 2024
Location

Hawalli - Block 26 - M6- Floor 8- M2 owned by the Kuwait Student Aid Society

Tel

22675180- 22675282

Fax

22675285

Email Address

info@safatindustries.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.

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