Public Utilities Management Company
Symbol PUMC OTC Code 835 Type of Trade NEGDEAL
Date of last trade/ date of last hybrid deal:  
Last Price:  

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Company Name Public Utilities Management Company
Sector Services
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 15 June 1982
Company purpose
  • Managing third-party properties and leasing real estate, managing and constructing car parks, workers' housing complexes, and storage spaces.
  • The company may have an interest in or collaborate in any way with organizations engaging in similar activities to its own or those that may assist in achieving its objectives in Kuwait or abroad, including the option to acquire or affiliate with such organizations.
Company profile Public Facilities Management Company, a Kuwaiti Shareholding Closed Company, was established on June 15, 1982, in accordance with the provisions of the Commercial Companies Law, and registered under commercial record number 33450.

Public Utilities Management Company is a Kuwaiti Shareholding Closed Company and a wholly-owned subsidiary of the Public Investment Authority. The company functions under the government umbrella to diversify internal investments in Kuwait by leveraging and developing lands and state assets. Its main objectives include enhancing national income and contributing to the internal development of the country. Public Utilities Management Company is specialized in managing, maintaining, and operating various types of properties such as service buildings, commercial complexes, residential areas, parking lots, historical sites, and fields, aligning them with the urban and economic development goals of the state.

Company Capital:
The previous capital of Public Facilities Management Company was KD 400,000 KD (Four Hundred Thousand Kuwaiti Dinars).
The current authorized, issued, and fully paid-up capital of Public Facilities Management Company is KD 1.2 million, divided into 12 million shares, with a value of 100 fils per share, all shares being cash.
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 18 November 2018
Type of deal NEGDEAL
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 05 July 2024
Location

Kuwait - Al-Maari St. Off Al-Khaleej Al-Arabi St.- Ahmadi Multi-car park - role 4

Tel

22404164- 1822222- 22405276

Fax

22407495- 22413317

Email Address

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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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