04:February:2012
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   Investments 
   Subsidiaries
   Associates
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   Investments
   Subsidiaries
   Associates
   Other Investments

 Al Anwar Holdings' share in Subsidiaries

Falcon Insurance Company SAOC

51%

  Al Anwar Holdings' share in Associates

Voltanp Ernegy SAOG

25%

Al Maha Ceramics Company SAOC

32%

Taageer Finance Company SAOG

34%

 ASSOCIATES

Voltamp Energy SAOG (formerly Voltamp Manufacturing Co. LLC)


Voltamp Energy SAOG is an associate company of Al Anwar Holdings. Voltamp went public in the year 2008. The public issue created records on the Muscat Securities Market by getting oversubscribed 23 times and was listed at 3x the issue price.

It operates in two primary product segments - Transformers and Switchgear, which are mainly used by Electricity and Utility Companies. The Oil & Gas sector, Industrial Users and large Commercial/ Residential projects also need these products and services of the Company.

Voltamp has been in operation since 1987 and has developed a brand-name for quality and reliability in Oman as well as other GCC markets. Voltamp products have been specified by a wide variety of Consultants and used in many utility Companies - in Oman and in other Gulf countries.

Voltamp, in  technical collaboration with M/s Tatung Co. of Taiwan,  started a 6,500 MBA capacity power transformer manufacture  facilities in Sohar which is the first of its kind in the GCC. This plant has the capacity to produce up 315 MBA 220 kv class Transformers

In Transformers, Voltamp has produced and sold products upto 10 MVA rating. Voltamp has the capability to make products to Customer specifications, as well as those which are to its specifications. In Switchgear, Voltamp has focused on Low Voltage applications.

Voltamp is a consistently profit making company with excellent systems in place having ISO 9001:2002 Certification. Both the Switchgear Division and Transformer Division have been awarded 'His Majesty's Cup' for Industrial Excellence in Year 2003.

 

Al Maha Ceramics Company SAOC (AMCC)


Al Maha Ceramics Company SAOC is an associate engaged in the manufactue of wall and floor ceramic tiles. It is one of the largest manufacturers of ceramic tiles in Oman.


The manufacturing unit imported from Italy can produce up to 5 million sq.m of Ceramic Tiles per annum. The plant has the capability to produce wall & floor tiles with a maximum size of 750 mm x 750 mm. AMCC caters to regional markets such as the GCC countiries, India and Africa. 

 

 

   Taageer Finance Company SAOG

In line with its vision, Al Anwar Holdings entered the financial services sector through its investment in Taageer Finance Company. Taageer Finance is a non-banking finance company, offering financial products to individuals and corporates in Oman.

Taageer offers products in retail financing, such as car financing, consumer loans, and institutional consumer credit; and corporate financing, which include equipment financing, factoring/bill discounting, bridge finance, vehicle finance, construction loans, and vendor finance.

Taageer also finances plant and machinery, working capital, bridge finance, and debt factoring. Taageer Finance was founded in 2000 and is based in Oman.