The company was incorporated on 7 th July 1976 with an authorized start-up capital of KD 2.000.000. At present the authorized and fully paid up share capital consists of 62.500.000 shares of KD 0.100 each .
The company performs the following activities :
Import of bulk cement to supply the local market in loose or filled cement (i.e. either in bulk carriers or in bags ) . The types of cement are Ordinary Portland Cement Type I ( OPC) and Sulphate Resisting Cement Type V(SRC) conforming to ASTM-C-150.
Erection , operations management and rental of stores required for all kinds of cement for distribution .
To invest surplus funds in financial portfolios managed by specialized institutions . The company may also cooperate in any form with other associations which have similar activities or which could assist the company in achieving its objectives in Kuwait or abroad . It may also acquire or take over such companies.
The objects of the company were amended on 30 June 1992 to include trading in construction materials .
The company was incorporated on 7th July , 1976 with an authorized start-up capital of KD 2.000.000/-. At present the authorized and fully paid up share capital consists of 62.500.000 shares of KD 0.100 each .
To invest surplus funds in financial portfolios managed by specialized institutions . The company may also cooperate in any form with other associations which have similar activities or which could assist the company in achieving its objectives in Kuwait or abroad . It may also acquire or take over such companies. more...
Company Improvement
similar activities or which could assist the company in achieving its objectives in Kuwait or abroad . It may also acquire or take over such companies.
The company was incorporated on 7th July 1976 with an authorized start-up capital of KD 2.000.000. At present the authorized and fully paid up share capital consists
Before reviewing the financial statements as indicated by the Balance sheet and the Profits and losses Account with relevant clarifications , I would like to inform you of the following .