| Company purpose |
- Acquiring, liquidating, procuring, and enhancing real estate and land on the company's behalf both within and outside the State of Kuwait, as well as managing third-party properties, ensuring compliance with prevailing laws and regulations, including the prohibition of trading in private housing vouchers as specified.
- Trading in shares and bonds of various companies, domestically and internationally.
- Conducting research and delivering consultancy services in numerous real estate sectors, provided that service practitioners satisfy the essential qualifications.
- Owning and operating hotels, health clubs, and tourism facilities, including their leasing operations.
- Administering maintenance tasks for buildings and real estate assets owned by the company or others, encompassing civil, mechanical, electrical, elevator, and air conditioning work to ensure the upkeep and security of these structures.
- Managing and investing in hotels, clubs, motels, guesthouses, rest houses, parks, gardens, exhibition spaces, restaurants, cafeterias, residential complexes, tourism and health resorts, recreational and sports projects, and varying retail establishments. This includes all primary, secondary, attached services, and facilities, as well as other services vital to their operation.
- Coordinating property exhibitions to showcase the company's real estate ventures in accordance with ministry regulations.
- Conducting real estate auctions aligned with the pertinent ministry rules.
- Owning and managing both commercial marketplaces and residential complexes.
- Directing the company's excess financial resources into financial portfolios managed by specialized firms and institutions, either directly or indirectly.
- Contributing directly to the infrastructure development of residential, commercial, and industrial areas and projects, engaging in Build-Operate-Transfer (BOT) models for project and real estate facility management.
- Securing movable and immovable assets necessary for the company's operations within legally approved limits.
- Solely dealing in shares and bonds on the company's account.
The company is open to collaborating, investing, or partaking in any manner with entities that conduct similar activities or that may facilitate the attainment of its goals, both within Kuwait and internationally. This may entail establishing or associating with such entities, subject to the approval of the competent authorities. |
| Company profile |
Sarh Capital Real Estate Company, operating as a closed Kuwaiti shareholding company, was established in Kuwait following the notarization of the memorandum of association No. 601 Volume 1 on February 18, 2003. Subsequently, the legal structure of the parent company was transformed into a closed Kuwaiti shareholding company as per the revised Memorandum of Association No. 4739 Volume 1, dated July 2, 2006. The company's registration was formalized in the commercial register with the number 115637.
Capital Structure of the Company:
The authorized, issued, and fully paid-up capital of Sarh Capital is KD 20,665,382. This capital is divided into 206,653,820 shares, each valued at 100 fils, with the total share capital being fully paid in cash. Moreover, the parent company conducts all its operations in alignment with the principles of the tolerant Islamic Sharia. |