Ahliya Chemicals held its (deferred) Extraordinary General Meeting (EGM) on Monday, 15 May 2023, and approved the amendment of Article (4) of the Articles of Association - (A) of the company's incorporation. The objectives for which the company was established are as follows:
Manufacture insulation materials. Wholesale trade of insulation materials, fillers, and installation materials. Promote products. Retail sale of chemicals. Import chemicals. Manufacture paints. Manufacture fillers. Manufacture adhesives or similar non-thermal products used for filling or surface leveling. Retail sale of construction materials. Invest its funds in trading stocks, bonds, and other securities. Wholesale trade of dyes, varnishes, and insulation materials. Project management.
The company may directly engage in the aforementioned activities in Kuwait and abroad, either independently or through agency agreements. The company may also have an interest in or collaborate with entities that engage in similar activities or may assist in achieving its objectives in Kuwait or abroad. The company may establish, participate in, or acquire such entities.