Taiba Al Khair Holding Company held its Extraordinary General Assembly on October 2, 2025, during which it approved amendments to Article (5) of its Memorandum of incorporation and Article (4) of its Articles of Association, both related to the company’s objectives and activities.
The company’s purposes and activities have been amended to include the following:
- Holding company activities.
- Managing its subsidiaries or participating in the management of other companies in which it invests and providing them with necessary support.
- Investing its funds in trading stocks, bonds, and other securities.
- Owning real estate and movable assets are necessary to conduct its business within the limits permitted by law.
- Financing or lending to companies in which it holds shares or interests and providing guarantees for 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 models, and franchises, as well as exploiting and leasing them to its subsidiaries or other entities.
- Owning shares solely for the holding company’s account.
- Operating an office for the management of holding company activities.
The company may carry out the activities within Kuwait or abroad, either directly or through agencies. It may also have an interest in or participate in entities engaged in similar or complementary activities to achieve its objectives in Kuwait or abroad, and may establish, purchase, or affiliate with such entities.
Assemblies
Modification of the company's purposes