Kuwait Securities Company
Symbol Q8 Securities OTC Code 557 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   10 June 2021
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 Kuwait Securities Company
Sector Financial Services
Sub-sector Brokerage
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 16 November 1985
Company purpose
  • A securities broker registered in the stock exchange. 
  • Direct and indirect investment in all sectors for the company's account only. 
  • Carrying out brokerage work in securities accepted to be traded on Boursa Kuwait and all Arab and international markets. 
  • Exploiting the financial surpluses available to the company by investing them in financial portfolios managed by specialized bodies. 
  • Custodian. 
  • Investment Portfolio Manager. 
  • Investment advisor. 
  • Subscription agent.  This is after the approval of the competent regulatory authorities. 
Company profile

Kuwait Securities Company - K.S.C.C. was established as a Kuwaiti closed shareholding company under the name (formerly Al Arabi Financial Brokerage) under the Memorandum of Association dated November 16, 1985, and its subsequent amendments, the last of which was on January 29, 2017, according to which the name of the company was changed to Kuwait Securities Company, a Kuwaiti closed shareholding company.  

Company Capital 

  • The previous capital of Kuwait Securities is KD 3,850,000. 
  • On 26 December 2016, the Extraordinary General Assembly approved the increase of the Company's capital from KD 3,850,000 to KD 25,000,000 (KD twenty-five million) with a cash increase of KD 21,150,000 and was noted in the Commercial Register on January 15, 2017. 
  • Kuwait Securities' current authorized, issued and fully paid up capital as per the Company's annual financial report for the year ended 31 December 2017 is KD 25,000,000 distributed over 250,000,000 shares (two hundred and fifty million shares) with a nominal value of 100 fils per share, all shares 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 20 October 2024
Location

East - Kuwait Stock Exchange - South Entrance - Fifth Floor

Tel

Fax

22265505

Email Address

info@q8sec.com

Website

www.q8sec.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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