Muscat Securities Market hosts Al Anwar Holding

Muscat Securities Market (MSM) yesterday hosted Sinjay Kumar Tewari, Acting CEO of Al Anwar Holding Company, at a panel discussion held at the Capital Market Authority’s (CMA) building.

The Acting CEO of Al Anwar Holding Company gave a presentation on the company’s past situation and future plans and discussed its current financial results.

He stressed that investing in companies with a business model that is capable of developing and innovating is one of the most important tasks and objectives of Al Anwar Holding. Systems and procedures, noting that the role of the company is to create an environment in which senior executives can achieve maximum administrative efficiency and value to shareholders.

The CEO of Anwar Holding reviewed the company’s investment in 25 per cent in Voltamp Energy, 24 per cent in Al Maha Ceramics, 44 per cent in Al Rowad International School, 19 per cent in Falcon and 15 per cent in Oman Chlorine.

On the development of Anwar Holding Company, which is under development, Sanjay Kumar reviewed the construction of the cement project in the green fields of the Economic Zone of Duqm in partnership with Hormozgan Cement Company, as well as the Al Anwar Hospitality project at a total estimated cost of RO 11.6 million.

The CEO concluded the seminar by reviewing the company’s financial results for the first quarter of 2018 compared to the same period of 2017.

He pointed out that over the past five years, the company has shown stable performance and is continuing its path of growth and profitability.