MB Holding Company LLC
 

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MB Holding manages its own investment portfolio comprising of equity, funds, hedge funds, structured products and other money market instruments in Oman as well as in international markets. Besides investments in its subsidiaries that are in the company’s core business, MB Holding has investments in other companies which compliment its core business. It also has invested in non-core business primarily for investment purposes. These investments are held either directly or through a special purpose vehicle.

MB Holding has begun investing in various international stock markets such as GCC, India, Japan, USA and Brazil. MB Overseas BVI Ltd. a 100% subsidiary of MB Holding, is a special purpose vehicle registered in British Virgin Island to facilitate investments in the international markets. MB Holding has established relationship with leading private equity banks that provide regular support and advice for international investments.

In 2006, MB Holding increased its stake in Flexible Industrial Packaging Co. (FIPCO) from 34.6% to 45.6% thereby becoming the largest shareholder of the company. FIPCO is a publicly traded company in Muscat Securities Markets (MSM). It is engaged in lamination and printing of flexible packaging material. The company is planning for an expansion to double its capacity.

In 2005, MB Holding made investment in Risk Management Services LLC Oman (RMS) and owns 33.3% shareholding in it. RMS is a leading insurance consulting and brokerage company in Oman and holds major share in the Oman market. The company is managed, under a technical agreement, by HSBC Insurance Broker Ltd. UK.

MB Holding is a founding shareholder in Al Madina Gulf Insurance Co. SAOC, launched in Oman in 2005, with a 15% stake in the equity. The new entity commenced operations in September 2006. Al Madina Gulf Insurance is offers an entire range of insurance services in Oman including general insurance (motor, marine, fire, engineering, accidents, money, personal), medical insurance and life (Takaful) insurance. The company is operating under a technical agreement with Solidarity Insurance, Bahrain.

In addition, MB Holding holds minor stakes in other listed and non-listed companies such as Ahli Bank (15%), Taageer Finance (8%), Transgulf, Al Madina Financials and Al Madina Real Estate.

MB Holding Company LLC

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