Saudi Project Holding Company
Symbol Saudi Projects Holding OTC Code 501 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   03 October 2022
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 Saudi Project Holding Company
Sector Real Estate
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 12 December 2006
Company purpose
  • Buying and selling land and real estate. 
  • Management and leasing of owned or leased real estate. 
  • Owning real estate and movables for the benefit of the company. 
  • Management and development of land and real estate. 
  • Managing its subsidiaries or participating in the management of companies and other companies in which it contributes and providing them with the necessary support. 
  • Management of the property of others. All recommendations shall be subject to the approval of the concerned authorities. 
Company profile

Saudi Real Estate Projects Group Company was established as a Kuwaiti closed shareholding company under the name Saudi Projects Holding Group (formerly) on December 12, 2006, in compliance with the Commercial Companies Law. It was officially registered in the Commercial Register on January 9, 2007, with registration number 118526.

The company operates in accordance with the principles of Islamic Sharia in all of its activities.

Company Capital:
As per the annual financial report for the fiscal year ending December 31, 2021, the authorized, issued, and fully paid-up capital of Saudi Projects Group is KD 10 million (KD 10 million in 2020). This capital is distributed among 100,000,000 shares, each with a nominal value of 100 fils. All shares are fully paid in cash.
Furthermore, the current authorized, issued, and paid-up capital of Saudi Projects Group is KD 3 million (three million Kuwaiti Dinars). This capital is divided among 30 million shares, each with a nominal value of 100 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

sharq - Tower Shorouq 2 - Floor 21

Tel

22473434 - 22473535

Fax

22473636

Email Address

Website

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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