The legal and commercial name of the company is Investment Holding Group QPSC. The group is registered in the State of Qatar under Commercial Registration No. 39127 as a Qatari public shareholding company. The Company was awarded a Ministry of Economy and Commerce approval to transform it into a Qatari Public Shareholding Company (QPSC ) on August 5, 2015. The company holds some or all of the issued share capital of each of its eight subsidiaries. The Group is engaged in various types of investments in the construction field inside the State of Qatar.
As of the date of the prospectus, and immediately prior to the offering, the issued share capital of the Company is QAR 914,086,370, divided into 91,408,637 ordinary shares. Each share has a nominal value of QAR 10. All shares are fully paid up.
The group has marked its presence in Qatar since 1975 and originally started as a contracting and trading company, catering for the construction market.
Since then, the group has evolved into a diversified business that operates at different levels in contracting such as construction contracting, specialized contracting [mechanical, electrical and plumbing (MEP) and engineering constructions and projects (ECP)], and is a supplier of building materials, safety equipment, tools, timber, security systems, firefighting systems, and other related materials.
The company was established as a limited liability company in 2008 to invest in various subsidiaries.