FAQs

Company-related Section

What is Takharoj’s?

Takharoj is an online platform that allows the voice of minority shareholders in Unlisted Securities to be heard and get more value from their minority shares in return. By submitting their basic investment information, the shareholders can become part of a sizable shareholding block with the power to negotiate optimal outcomes. Then, through understanding of the shareholders objectives, Al-Mal’s team of experts will propose short-term and long-term solutions based on thorough analysis in order to maximize the value of the shareholding block.

Who owns Takharoj?

Takharoj is a new service offered exclusively by Al Mal Investment Company K.P.S.C., listed on the Kuwait Stock Exchange.

Is Takharoj linked to Al-Mal?

Yes. Takharoj is a new service pioneered, offered and managed by Al Mal Investment Company K.P.S.C. only.

Is Takharoj an Investment Management Company?

No. Takharoj is a new service pioneered and offered by Al Mal Investment Company K.P.S.C. only. It’s an online platform that can allow the shareholders to become part of a sizable shareholding block with the power to negotiate optimal outcomes.

Can Takharoj help build my investment portfolio?

No. Takharoj is not specifically set up to increase your investment portfolio but rather to help any investor with minority shares to maximize their value by being part of a shareholding block.

Business/Financial Section

Why is this service different from other investment companies?

This is a first of its kind service in the region and perhaps the world. The vision behind this service is to help minority shareholders who have no say or power in an investment to be grouped together, in complete confidentiality, and to form a more representable block that can then have a recognized voice to be heard. 

What types of investments can Takharoj take care of: stocks, bonds, assets, options, ownership shares?

Takharoj is primarily designed to deal with any form of investment. However at this stage Takharoj will only deal with Unlisted Securities . 

Is Takharoj buying shares from shareholders? Or acting as an intermediary?

Buying shares from minority shareholders is not Takharoj’s main objective; however, after thorough assessment of the company and business potential, Al Mal Investment Company K.P.S.C. might suggest purchasing shares from some of the shareholders if they don’t want to join the block in the suggested strategy, or if they prefer to sell despite our recommendation.  This being said, this scenario is applicable only if the block has a great value and fits Al Mal Investment Company K.P.S.C. overall strategy. 

Takharoj is acting as an intermediary consultant with experts who will propose short-term and long-term solutions based on thorough analysis in order to maximize the value of the shareholding block. Al Mal Investment Company K.P.S.C. cannot act without the explicit permission of the actual shareholders.

Can Takharoj guarantee a solution for the shares?

Takharoj always operates with full transparency and honesty. No solution can ever be guaranteed. However, unless agreed otherwise with any shareholder, Takharoj will adopt a  performance-based fee structure.  

What’s the difference between Takharoj and Al Mowazi?

Takharoj is very different than any other product in the market today. Takharoj is primarily designed to deal with any form of investment that is tied to Unlisted Securities, allowing the minority shareholders to become part of a sizable shareholding block with the power to negotiate optimal outcomes. Then, through understanding of the shareholders objectives, Al Mal Investment Company K.P.S.C. experts will propose short-term and long-term solutions based on thorough analysis in order to maximize the value of the shareholding block.

Can Takharoj deal with stocks from a publicly listed company?

Not for now. Takharoj is primarily designed to deal with any form of investment that is solely tied to Unlisted Securities. On the other hand, Al Mal Investment Company K.P.S.C. does provide investment advice related to publicly listed companies through its other services. 

How does Takharoj make money?

We believe in a performance-based fee structure. That means that where applicable we will only take a percentage fee of the final transaction value once the solution is implemented. This protects our clients from paying monthly retainer fees in the interim as certain strategies may take 6 months or more to develop and come to fruition. The registration process is also  free of charge. 

What is Takharoj’s commission?

This is completely dependent on the final strategy agreed with the minority shareholders that we identify but will typically be according to common industry standards.

Do I need to pay a fee by just uploading my information on the website?

No, the registration process is free. In fact, there are no commissions to be paid until a final success is in place. 

How is the information secured if it’s uploaded online?

No one can access through Takharoj Website to the uploaded information, and we are making sure of that.  This information is covered under the “Privacy Policy”.

How does Takharoj assess the proper value of the shares?

After a thorough analysis of the company’s value and business prospects and finances, Al Mal Investment Company K.P.S.C. experts will evaluate, assess and propose investment solutions, in addition to the appropriate value as a block (control premium).

How long will it take for Takharoj to develop a solution for the shares?

Al Mal Investment Company K.P.S.C. always operates with full transparency and honesty. No solution can ever be guaranteed. The same applies for the timing of the solution implementation.

Is Takharoj trying to buy shares and acquire power in various Kuwaiti companies?

Through understanding of the shareholders objectives, Al Mal Investment Company K.P.S.C. experts will propose short-term and long-term solutions based on thorough analysis in order to maximize the value of the shareholding block with the objective of shares sales or change implementation that suits the shareholders benefits. Takharoj’s main mission is to optimize the shares value of the minority shareholders and develop a plan that will increase the benefit of the investment.

Customer-related Section

What is the added value when using Takharoj’s services?

We deal specifically with minority shareholders in Unlisted Securities by the very nature of this segment. Because the options available for minority shareholders are very limited, the value with Takharoj is that it gives you access to have your voice heard by grouping you with like-minded shareholders in the same investments. By doing so, your options become much more substantial – from calling for general meetings, asking for company changes, selling your stock to even having board membership status. Al Mal Investment Company K.P.S.C. consultants will provide the best advise on the best course of action. 

How can I ensure that Takharoj is acting in my best interest?

It is important to note that Al Mal Investment Company K.P.S.C. cannot act without the explicit permission of the actual shareholder who registers with Takharoj. Takharoj is an online platform that ensures complete confidentiality, thus no one will be able to distort the information to achieve a particular agenda. Also, we have agreed as a company to generally  work on a performance-based fee unless agreed otherwise. Thus, it is in our interest to serve the best interests of our clients.  

What is the worst-case scenario I can expect?

The worst-case scenario is that no other investors will have common shares with yours, thus making it impossible to club you within a bigger group. However, there are no charges or fees to pay in this case, as it’s simply a status-quo situation.

What information do I need to upload on the website?

Information required on the website: Basic personal information, investment details and shares certificates. 

Can anyone know which companies I am, or my company is, invested in?

No one can know through the Takharoj website what companies you or your company is invested in.  This information is covered under the “Privacy Policy” from Al Mal Investment Company K.P.S.C.; even the people in the same block will not know each other.

Can anyone know how much I have paid initially for the investment?

No one can know through the Takharoj website how much you, or your company, have paid for the investments. Takharoj Website does not ask for such information and there is no place on the website where you can enter this information.

Will Al Mal Investment Company K.P.S.C. have access to the information I provide to the website?

Takharoj is part of Al Mal Investment Company K.P.S.C. and has full access. Thus, Al Mal Investment Company K.P.S.C. is bound by its “Privacy Policy” as part of the “Terms and Conditions” and its internal controls.

Can Al Mal Investment Company K.P.S.C. sell my investments or act on my behalf without my consent?

Al Mal Investment Company K.P.S.C. cannot sell your investments, or act on your behalf, without your consent. Once the website has accumulated a certain effective ownership block in the target company, then Al Mal Investment Company K.P.S.C. will contact you along with the other investors to propose the best course of action to increase the value and liquidity of your investment. You are free to choose to be or not to be part of the proposed action plan. Al Mal Investment Company K.P.S.C. cannot act without the explicit permission of the actual shareholder.   

After I sign up, can I change my mind and delete my account?

Yes. You own your own account. You can edit or delete your account as you please. If you choose to delete your account, you will not be part of any proposed action plan and will not be contacted by Al Mal Investment Company K.P.S.C.     

Is there someone I can talk to for them to guide me through the website?

  • Gulf Road - Ahmad Tower - 22nd floor  
  • P.O. Box 26308 Safat 13124 Kuwait
  • Tel : +965 22254800
  • Fax : +965 22254888
  • Takharoj@almal.com.kw

Takharoj


  • Gulf Road - Ahmad Tower - 22nd floor  
  • P.O. Box 26308 Safat 13124 Kuwait
  • Tel : +965 22254800
  • Fax : +965 22254888
  • Takharoj@almal.com.kw

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