Kuwait Medical Center Holding Co
Symbol KMCH OTC Code 576 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   16 April 2025
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 Medical Center Holding Co
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 28 June 1989
Company purpose
  • Holding equity in both Kuwaiti and international joint-stock companies, alongside stakes in limited liability companies, whether they are based in Kuwait or abroad. Additionally, engaging in the formation, administration, financing, and collateralizing of these two categories of businesses with external parties.
  • Providing financing to companies where it holds equity and offering guarantees on their behalf, with the stipulation that the holding company's involvement in the capital of the company receiving the loan must be at a minimum of 20%.
  • Acquiring intellectual property rights, including patents, trade marks, industrial designs, or other analogous rights, and licensing these rights to other companies for their utilization, whether domestically or internationally.
  • Owning property and real estate assets essential for the execution of its operations, within the confines of what is legally permissible.
  • Utilizing any financial excesses by investing them in financial portfolios that are maintained and operated by specialized firms and institutions.
Company profile

Kuwaiti Medical Center Holding Company - KSC (Closed) was constituted as a Kuwaiti shareholding company under the provisions of the Articles of Association No. 31 Volume 229 on June 28, 1989. The company was established with a capital of KD 20 million (twenty million Kuwaiti Dinars) and is dedicated to operating and investing in various sectors of the medical industry.

Capital Structure of the Company:
The initial capital for the former Kuwaiti Medical Center was KD 20 million (twenty million Kuwaiti Dinars).
As of the annual financial report for the fiscal year ending December 31, 2019, the company's current authorized, issued, and fully paid-up capital is KD 28,536,078. This updated capital figure has been allocated across 285,360,780 shares, consistent with the 2018 report. Each share holds a nominal value of 100 fils, and the shares are composed of both cash and in-kind contributions. Specifically, the cash component of the shares amounts to KD 22,067,952, while the in-kind component is valued at KD 6,468,126.

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 08 October 2024
Location

Salmiya - South Tower - Al Hadi Complex - First Floor

Tel

22634681 - 25759045 - 25759044

Fax

22323445 - 25759043

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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