KPFI Approves Amendments to Its Business Activities

تم النشر على almowazi.com في 16 سبتمبر 2025
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During the same Extraordinary General Assembly held on September 3, 2025, Kuwait Pillars Holding Company (KPFI) amended its objectives and business activities to align with its new legal structure as a holding company.

The updated activities include:

  • Managing its subsidiary companies or participating in the management of other companies in which they hold shares and provide the necessary support to them.
  • Investing its funds in the trading of stocks, bonds, and other securities.
  • Owning real estate and movable assets necessary for carrying out its activities, within the limits permitted by law.
  • Financing or lending to companies in which it holds shares or stakes, and guaranteeing them to third parties, provided that the holding company owns at least 20% of the capital of the borrowing company.
  • Owning intellectual property rights such as patents, trademarks, industrial designs, franchises, and other intangible rights, and exploiting or leasing them to its subsidiaries or to others, whether inside or outside Kuwait.

Accordingly, the General Assembly approved the amendment of:

  • Article 5 of the Memorandum of Incorporation, and
  • Article 4 of the Articles of Association.

Assemblies
Modification of the company's purposes

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