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Company Profile:
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Nass Corporation BSC is a group of companies involved mainly in industrial and commercial construction, providing integrated contracting solutions for large-scale infrastructure development projects throughout the GCC region. It comprises 4 companies and 6 divisions, which were previously part of Abdulla Ahmed Nass Group, a family-owned establishment, which celebrated its 40th anniversary in 2004.
Nass Corporation BSC has a paid-up capital of BD 20 million (US$ 53 million) and is headquartered in the Kingdom of Bahrain and is listed on Bahrain Stock Exchange. It is 51% owned by its founding shareholders, the Nass family; 24% by a 15-strong group of strategic private and institutional investors from the Kingdom of Bahrain, Saudi Arabia, United Arab Emirates and the Sultanate of Oman. 25% of shares are held by public investors.
The creation of Nass Corporation BSC in 2005 represents the first regional family-owned conglomerate operating in the construction sector to go public and the largest Initial Public Offering (IPO) to have taken place in the Kingdom of Bahrain in eight years.
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