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Al Massaleh Real Estate Co K.S.C (MASSALEH)

Last update: 6 December 2023 10:35 AM market time.
29.70
2.70
10.00%
Open 27.50
Previous Close 27.00
High 29.70
Low 27.50
Stock Statistics
Volume 5,001
Turnover 137.53
All data are 15 minutes late during market session

General Information

Company Name Al Massaleh Real Estate Co K.S.C (MASSALEH)
Company Purpose Al Massaleh Real Estate Co K.S.C (known as: MASSALEH) is a public company, listed on Boursa Kuwait (BK) (KSE) since August 1997. MASSALEH operates within the Real Estate sector focusing on Diversified Real Estate Activities. MASSALEH is based in Kuwait City, Kuwait and was established in December 1989.
Company Establish Date 25 December 1989
Financial Year Start First Quarter
Auditor
  • RSM Albazie and Co

Ownership

  • Massaleh Investments Co KSC (35.09%)
  • Taameer Real Estate Investment (21.08%)
  • Third of Heirs of Late Musaed Al Salah (17.439%)

Management

Mohammad Daoud Mousaed Al Saleh Chairman Represents Taameer Real Estate Investment
Faisal Hamed Al Shaiji Deputy Chairman Represents Kuwait Protein and Fat Production Co
Hamad Nader Al Eissa Deputy Chairman Represents Al Massaleh Media
Saud Abdul Aziz Ahmad Al Ayoub Board Members Represents Kuwaiti Construction Industries
Abdul Razak Salah Abdul Razak Al Mutawa Board Members
Yousef Al Essa Board Members Represents Cosmic International General Trading and Contracting
Abdullah Faisal Abdul Aziz Al Mutawa Board Members Represents Al Massaleh Real Estate Investment Co
Abdullah Zaher Daoud Mousaaed Alsaleh Board Members Represents Zahir Dawood Musaed Al Saleh and Bros

Subsidiaries

  • Phoenix International Holding Ltd (100.00%)
  • Press Permanent Real Estate Exhibition Co WLL (100.00%)
  • Saifi Crown Holding Co (100.00%)
  • Sky Lease Real Estate (100.00%)
  • Al Massaleh Gulf Ltd (100.00%)
  • Beyout Al Massaleh Real Estate Co (100.00%)
  • Massaleh Lebanon SAL (100.00%)
  • Polygon Real Estate Services (100.00%)
  • Saifi Crown SAL (75.00%)
  • Showaty Alarab Elaqaria for Development Ltd (73.48%)
  • Real Estate Solutions Co KSCC (70.00%)
  • Venus International Free zone for Grain Trading and Marine Services (22.00%)
  • CAFI Commodity and Freight Integrators D.M.C.C. (22.00%)
  • Trans Globe (20.00%)
  • Modern Bulk Sytem Co ESC (20.00%)
  • Taameer Real Estate Investment (19.92%)

Contacts

Address Sharq, Ahmad Al Jaber Street, Universal Tower, P.O.Box: 719 Safat 13008 Kuwait
Phone +965 1 887000
Fax +965 2 2423988
Contact Person Reham Maarouf