Formerly Known As
The Public Warehousing Company until August 2010
Principal Activities
Offers warehousing and storage services; invests in companies in the logistics sector; freight forwarding and cargo handling services; international and local truck transportation; offers water freight services;offers air cargo services; cargo handling services; airlines support services; provides water transportation of natural gas and oil products; ownership and management of lounges; flight training and travel agents; metal production; electromechanical contracting and engineering consultancy; property management; supply chain solutions to customers in technology, retail, chemical and other industries; production and recycling of shredded steel, non-ferrous, shredded aluminum and shredded stainless steel; cut and bale heavy scrap metals; provides real estate management services; civil and electromechanical contractors; installation of oil and gas pipelines, waste management, treatment, and recycling services.
Date of Establishment Year
1979 (September)
No of Employees
N/A Company, 32,000 Group (As of Jul 20, 2011)
Storage Capacity
654,000 square meters in Kuwait ; 7.7 million square meters Worldwide
|
Acquistion
Status
Confirmed
Acquirer
Target
Announcement Date
30 Nov 2011
Closing Date
30 Nov 2011
|
Major Shareholders  |
Section Updated: 28Nov11
|
|
Foreign Ownership Limits
Section Updated: 11Feb10
100%
GCC Nationals
100%
Foreigners
|
| Direct Investments and Related Entities |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Agility DGS Logistics Services |
Kuwait |
100.00% |
| Agility Holdings Incorporated |
United States |
100.00% |
| Agility International Logistics |
Singapore |
100.00% |
| Agility Logistics - Germany |
Germany |
100.00% |
| Agility Logistics - Hong Kong |
Hong Kong |
100.00% |
| Agility Logistics - UAE |
UAE |
100.00% |
| Agility Logistics Bahrain |
Bahrain |
100.00% |
| Agility Logistics Corporation |
United States |
100.00% |
| Agility Logistics Dubai |
UAE |
100.00% |
| Agility Logistics Holdings |
Singapore |
100.00% |
| Agility Logistics International |
Netherlands |
100.00% |
| Agility Logistics Limited |
United Kingdom |
100.00% |
| Agility Logistics Private - India |
India |
100.00% |
| Agility Project Logistics Incorporation |
United States |
100.00% |
| Global Express Transport Company |
Kuwait |
100.00% |
| Gulf Catering Company for General Trading and Contracting |
Kuwait |
100.00% |
| Leader Group |
Egypt |
100.00% |
| PWC Transport Company |
Kuwait |
100.00% |
| Public Warehousing Company |
Jordan |
100.00% |
| National Aviation Services |
Kuwait |
95.00% |
| Tristar Transport - Dubai |
UAE |
80.00% |
| Global Clearing House Systems |
Kuwait |
60.60% |
| Agility Company |
Saudi Arabia |
50.25% |
| Global Logistics Oman |
Oman |
50.00% |
| Metal and Recycling Company |
Kuwait |
48.40% |
| Agility (Abu Dhabi) |
UAE |
36.50% |
| Agility Kurdistan Limited |
Iraq |
- |
| Korek Telecom |
Iraq |
- |
| PWC Logistics Lebanon |
Lebanon |
- |
|
| Investments |
|
|
Auditors
| Al Bazie and Company |
Ernst and Young Al Aiban Al Osaimi and Partners |
Banks
| Goldman Sachs |
NBK Capital |
| Nomura |
Credit Suisse |
| Global Investment House |
|
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
KWD'000 |
KWD'000 |
change (%) |
Total revenues  |
1,705,442
|
1,605,702
|
(5.85) |
| Net profit |
156,427
|
24,028
|
(84.64) |
| Total assets |
1,784,173
|
1,494,598
|
(16.23) |
| Paid-up capital |
104,684
|
104,684
|
0.00 |
| Shareholders' Equity |
940,964
|
912,476
|
(3.03) |
| Shares outstanding |
1,007,481
|
1,007,478
|
(0.00) |
| Market capitalization |
574,264
|
523,889
|
(8.77) |
| Note: Current shares outstanding is 1,046,836,709 |
| » View Full Financials |
|
- 1.32%
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