Gulf Real Estate Projects Company
Symbol GREPCO OTC Code 517 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   16 October 2024
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 Gulf Real Estate Projects Company
Sector Real Estate
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 21 May 2005
Company purpose
  • Engaging in the ownership, sale, and purchase of real estate and land for the company's development inside and outside the State, as well as managing others' properties, all in compliance with existing laws and regulations, including the prohibition of trading private housing vouchers as mandated by law.
  • Dealing in the purchase and sale of shares and bonds of real estate companies for the company's purposes, both domestically and internationally.
  • Offering real estate studies and consultations, subject to the necessary qualifications, in various real estate sectors.
  • Conducting maintenance work on company-owned and third-party buildings, including civil, mechanical, electrical, elevator, and air conditioning work to ensure building preservation and safety.
  • Organizing real estate exhibitions for the company's projects in compliance with Ministry regulations.
  • Implementing real estate auctions in accordance with Ministry regulations.
  • Owning and managing commercial markets and residential complexes.
  • Utilizing available financial surpluses by investing in financial portfolios managed by specialized firms.
  • Engaging in direct contributions to the infrastructure development of residential, commercial, and industrial areas through projects employing build-operate-transfer (BOT) systems, as well as managing real estate facilities under a BOT system.
The company is authorized to conduct the aforementioned activities in Kuwait and abroad directly or through representatives. It may collaborate with or invest in entities undertaking similar activities to achieve its goals in Kuwait or abroad, including establishing, participating in, acquiring, or attaching such entities to its operations.

 
Company profile

Gulf Projects Real Estate Company - K.S.C. (closed) was founded as a Kuwaiti closed shareholding company with a memorandum of association registered by the Ministry of Justice Real Estate Registration and Notarization Department under No. 3222 / Leather 1 on May 21, 2005. The memorandum of association underwent several amendments, with the latest documented in the commercial register under No. 184 by the Joint Stock Companies Department on July 28, 2015. The company was officially registered in the commercial register at the Ministry of Commerce and Industry in Kuwait under No. 107785 on May 21, 2005.

Company Capital
Based on the financial report for the period ending December 31, 2022, Gulf Projects has an authorized, issued, and fully paid-up capital of KD 6.3 million distributed among 63,000,000 shares with a par value of 100 fils per share, all of which are paid in cash.

 
Shareholding records Kuwait Clearing Company (KCC)
Auditor
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 06 August 2025
Location

Hawally-s 5-Ibn Khaldun Street-voucher 603-Sara complex-floor 3-Office 3

Tel

22913303- 22913300

Fax

22913310

Email Address

info@grepco-kw.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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