Asia Holding Company
Symbol Asia holding OTC Code 498 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   01 July 2025
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Company Name Asia Holding Company
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 16 April 2007
Company purpose
Asia Holding Company K.S.C.C. (AH) is involved in various activities which include:
  • Owning shares of Kuwaiti or foreign shareholding companies, as well as shares or ownership stakes in Kuwaiti, foreign, or foreign limited liability companies. The company also participates in the establishment, management, lending, and guaranteeing of these companies in collaboration with third parties.
  • Providing loans and guarantees to companies in which AH holds shares, with the condition that AH's participation in the borrowing company's capital should not be less than 20%.
  • Holding industrial property rights such as patents, industrial trademarks, industrial designs, or any related rights, and leasing them to other companies for exploitation, both within and outside of Kuwait.
  • Ownership of movable and immovable assets necessary to conduct its activities within the legal limits defined by the law.
  • Exploiting financial surpluses by investing them in specialized companies and entities through managed financial portfolios.
The company carries out its operations both in Kuwait and abroad, either directly or through authorized representatives. AH may have an interest in or participate with entities engaged in similar businesses or those that can support its objectives, in Kuwait or abroad. The company is authorized to establish, participate in, purchase, or merge with such entities.
Company profile

Asia Holding Company K.S.C.C. (Holding) was established through the Contract of Conversion of Legal Entity No. 2655, Volume 1, on April 16, 2007. This conversion involved amending the Memorandum of Association and registering the company under No. 90787 in the Commercial Register, transforming the legal entity of Al Tayebat International General Trading Company (Limited Liability Company) into a closed Kuwaiti shareholding company named Asia Holding Company K.S.C. 

Company Capital:
The previous capital of Asia Holding amounted to KD 30,000,000 (thirty million Kuwaiti Dinars).
Presently, as recorded in the financial report for the fiscal year ending December 31, 2022, the authorized, issued, and fully paid-up capital of Asia Holding stands at KD 15,744,248 (KD 15,744,248 in 2021). This capital is distributed among 157,442,480 shares, with each share valued at 100 Kuwaiti fils. All shares are fully paid in cash.

Shareholding records Kuwait Clearing Company (KCC)
Auditor BDO Al Nisf and Partners
Date of joining the OTC Platform 18 November 2018
Type of deal HYBRID
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 06 October 2024
Location

Hawalli - Beirut Street - Opposite to Al Qadisiyah Club - Al Safat Tower - Floor 15 - Office 2

Tel

22974936 - 22974935

Fax

22974930 - 22974910

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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