Formerly Known As
Al Sanabel Real Estate Company until October 1996
Principal Activities
Real estate property investment, development and management of shopping malls and entertainment theaters.
Date of Establishment Year
1982 (August)
No of Employees
40 Company, N/A Group (As of Sep 26, 2010)
|
|
Major Shareholders  |
Section Updated: 14Nov11
|
|
|
|
|
|
|
Majas General Contracting Company
|
Corporate |
Kuwait |
23.09% |
|
HH Sheikh Salem Al Jaber Al Sabah
|
Private |
Kuwait |
17.34% |
|
Public
|
|
- |
59.57% |
100%
GCC Nationals
100%
Foreigners
|
| Direct Investments and Related Entities |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Ajial Mall |
Kuwait |
100.00% |
| Al Hamra Cinema Company |
Kuwait |
100.00% |
| Al Hamra Real Estate Company |
Kuwait |
60.00% |
| Ecovert FM Kuwait |
Kuwait |
20.00% |
|
| Developments and Projects |
|
|
|
|
| Al Andalus Project |
Kuwait |
100.00% |
|
Auditors
| Ernst and Young Al Aiban Al Osaimi and Partners |
Rodl Middle East Ali Al Hassawi and Partners |
Banks
| National Bank of Kuwait (International) |
Commercial Bank of Kuwait |
| Al Ahli Bank of Kuwait |
|
Law Firms
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
KWD'000 |
KWD'000 |
change (%) |
Total revenues  |
1,443
|
1,411
|
(2.18) |
| Net profit |
(6,206)
|
42
|
100.68 |
| Total assets |
184,591
|
224,956
|
21.87 |
| Paid-up capital |
17,640
|
17,640
|
0.00 |
| Shareholders' Equity |
60,366
|
59,733
|
(1.05) |
| Shares outstanding |
175,441
|
175,441
|
0.00 |
| Market capitalization |
30,527
|
25,965
|
(14.94) |
| Note: Current shares outstanding is 176,400,000 |
| » View Full Financials |
|
- 8.06%
Talk To Zawya Analyst
List Related Companies
Print
Download to PDF