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Palms Agro Production Co KSCP
RAY, Block 56, Fourth Ring Road,
P.O. Box 1976
Phone: +965 24730745p:+965 24730745 SAFAAT, 13020  Kuwait Ticker: PAPCOPAPCO

Business Summary
Palms Agro Production Co KSCP (PAPC), a subsidiary of Bayan Holding Company KSCC, is a Kuwait-based public shareholding company that operates in the agricultural sector. The Company carries out agricultural contracting projects, imports and exports agricultural supplies, and establishes and manages agricultural nurseries. In addition, the Company invests its surplus fund in portfolios managed by specialized companies and entities. The Company is organized, along with its subsidiaries, into three business segments: the Commercial segment includes the production and sale of nurseries and ornamental plants; the Projects segment is involved in the provision of gardening and maintenance services, and the Investment segment. The Company has a wholly owned subsidiary, Palm Trees Company KSC, which is involved in the production and packing of black honey.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/202312/31/2022Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board Abdullah MusallamMohammad Alzamel 1/1/2022 1/1/2022
Executive Vice Chairman of the Board, Chief Executive Officer Waleed Ahmad DawoudAlAblani 1/1/2021 1/1/2021
Non-Executive Director Shabnan Fahad FahhadAlmutairi 1/1/2021 1/1/2021
Non-Executive Director Abdullah KhaledHussain Alterkait 1/1/2021 1/1/2021
Non-Executive Independent Director Badr Hamad Abdullah M.A.Al Rabeah 1/1/2022 1/1/2020

Business Names
Business Name
Palms Agro Production Co KSCC
Palms Agro Production Co. K.S.C.C.
PAPCO

General Information
Number of Employees: 576 (As of 12/31/2011)
Outstanding Shares: 52,315,800 (As of 9/30/2023)
Stock Exchange: KUW
Fax Number: +965 24718903


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Thursday, March 28, 2024