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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 is a Kuwait based entity. The Entity is primarily engaged in the agricultural sector. The Entity undertakes agricultural contracting projects, engages in the import and export of agricultural supplies, and establishes and manages agricultural nurseries. Additionally, it invests surplus funds in portfolios managed by specialized firms and entities. Together with its subsidiaries, the Company is structured into three main business segments. The Commercial segment focuses on the production and sale of nursery and ornamental plants. The Projects segment provides gardening and maintenance services. The Investment segment manages the Company’s financial investments. Palms Agro Production Co also owns a wholly owned subsidiary, Palm Trees Company KSC, which provides services in the production and packaging 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
3/31/202512/31/2024Yes----

Industries
SIC Code Description
0181 Ornamental floriculture and nursery products
0762 Farm management services
0782 Lawn and garden services
6799 Investors, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board of Directors Abdullah MusallamMohammad Alzamel 1/1/2023 1/1/2022
Chief Executive Officer, Member of the Board of Directors Waleed Ahmad DawoudAlAblani 1/1/2023 1/1/2021
Deputy Chairman of the Board of Directors Khaled A. A.Alghanem 1/1/2023 1/1/2023
3 additional Officers and Directors records available in full report.

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 3/31/2025)
Stock Exchange: KUW
Fax Number: +965 24718903


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Thursday, June 5, 2025