Aan Digital Services Holding Co.
About Aan Digital Services Holding Co.
Country of Origin: Kuwait
| Aan Digital Services Holding Co.– was incorporated on May 22, 1999 in accordance with the Commercial Companies’ Law of 1960 article No. 15, and its subsequent amendments. The patent company’s shares are listed on Kuwait Stock Exchange Market. |
The parent company’s main objectives are: owning shares in Kuwaiti and Non-Kuwaiti shareholding companies and owning shares or quotas in Kuwaiti and Non-Kuwaiti limited liability companies or participating in establishing, managing and sponsoring both kinds of companies to others related to communications segment only; lending companies in which it holds shares and guaranteeing them to others, providing that the holding company’s ownership percentage in the share capital of the borrowing company must be at least 20%; owning industrial property rights of patents or industrial trademarks, or industrial charges or any other rights relating thereto, and leasing to other companies for utilization inside or outside the State of Kuwait related to communications segment only; holding movables and real estate necessary to initiate its activity in accordance with the Law; utilizing the surplus funds by investing them in investment portfolios managed by specialized companies and institutions.
The parent company has the right to participate and subscribe in any way, in other firms or institutions which operate in the same field or those which would assist in achieving its objectives in Kuwait or aboard and to establish, participate or purchase these firms or institutions or join them.