Wataniya Environmental Services Co. KSCC
Symbol W.E.S. OTC Code 761 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:  
Last Price:  

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Company Name Wataniya Environmental Services Co. KSCC
Sector Services
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 01 January 1997
Company purpose
  • Conducting studies, research, and providing environmental consultations, training, and environmental awareness initiatives (with the appropriate qualifications for those delivering the service).
  • Developing, managing, and operating facilities for the treatment of environmental pollution and technical units.
  • Undertaking pollution control activities for oil, chemicals, and other environmental contaminants.
  • Engaging in pollution control, environmental engineering services, and associated laboratory operations.
  • Offering waste management services and facilitating waste utilization.
  • Constructing and maintaining facilities for air pollution remediation.
  • Performing insulation work to prevent leakages.
  • Initiating waste recycling projects for material reuse (subject to the Public Authority for Industry's approval).
  • Dealing in pollution control instruments and equipment.
  • Trading, leasing, and maintaining various types of research equipment.
  • Trading, leasing, and maintaining various types of waste treatment apparatus.
  • Providing educational services in health, safety, and environmental practices.
  • Delivering training and advisory services in security, occupational health, and safety management.
  • Offering consultancy and training in quality management and control.
  • Supplying training in environmental applications, including engineering, surveying, and remote sensing.
  • Presenting training on coastal management and beach pollution prevention.
  • Establishing dedicated institutes for training in health, safety, and environmental fields.
  • Executing cleaning, waste collection, and transportation services for different areas and cities within and outside Kuwait (pending relevant authority approvals).
  • Operating testing labs and drilling rigs for soil and water sampling for environmental analysis (following regulatory authority consents).
  • Creating and managing environmental laboratories to test soil, water, air, and biological samples and carry out subsequent environmental assessments.
  • Capitalizing on financial surpluses through investment in managed portfolios by specialized companies and entities.

    Additionally, the company seeks to collaborate, participate, or merge with other organizations engaged in analogous pursuits or those which may assist in achieving its aims, both domestically and internationally. It is open to establishing, partaking in, purchasing, or incorporating such entities into its operations.
Company profile

Wataniya Environmental Services Company - a closed Kuwaiti shareholding company was established according to the articles of incorporation dated November 1, 1997 and its subsequent amendments, and on September 16, 2019, the capital increase was indicated in the commercial registry (note 11).

Capital Structure of Wataniya Environmental Services:
As outlined in the company's annual financial statement for the fiscal year concluded on December 31, 2019, the authorized capital of Wataniya Environmental Services stands at KD 1.5 million (one million five hundred thousand Kuwaiti Dinars). The actual paid-in capital totals KD 1.25 million, which marked an increase from the 2018 figure of KD 1 million. This capital is distributed across 12.5 million shares (twelve million five hundred thousand shares), with each share having a nominal value of 100 fils. All shares have been fully subscribed and paid for 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 18 December 2024
Location

Al Sharq - Block 6 - Building 49 - King of Sahara Holding Company - Fourth Floor - Office 4

Tel

22498390/4

Fax

22474126

Email Address

info@wes.com.kw

Website

www.wes.com.kw

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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