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Malath Cooperative Insurance Co.

Companies with accumulated losses of 20% to less than 35% of its capital'

8020
MALATH INSURANCE
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  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 13.32
  • Open 13.26
  • High 13.90
  • Low 13.24
  • No. of Trades 1,186
  • Avg. Trade size* 642
  • Volume Traded 761,700
  • Value Traded (SAR) 10,437,712.70

Performance

MALATH INSURANCE
0.48 ( 3.60% )
Compare
Index Name Index Level 1D Return
Malath Cooperative Insurance Co. 13.26 3.60%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
13.80
% Change
3.60
Volume Traded
1,220

Best Bid

Price 13.78
Volume Traded 511

Best Offer

Price 13.80
Volume Traded 8,541

52 WEEK

High
28.50
2022/02/07
Low
10.34
2022/12/20
Change**
-50.09

PERFORMANCE

Start of Year
11.4
Year ago
27.65
3 Years ago
11.38

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  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

Announcements

  • Malath Cooperative Insurance Co. Announces Contract Awarding Health Insurance Contract with Al Othaim Holding Company

    8020
    MALATH INSURANCE 3.6 %
    1444/06/11     04/01/2023 08:00:32
  • Malath Cooperative Insurance Company Announces the Appointment of the Board Chairman, The Vice-Chairman, The Managing Director and formation of the Board Committees

    8020
    MALATH INSURANCE 3.6 %
    1444/04/26     20/11/2022 08:19:58
  • Malath Cooperative Insurance Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )

    8020
    MALATH INSURANCE 3.6 %
    1444/04/12     06/11/2022 09:58:22
  • Malath Cooperative Insurance Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )

    8020
    MALATH INSURANCE 3.6 %
    1444/01/20     18/08/2022 08:20:47
  • Correction announcement from Malath Cooperative Insurance Co. in regards to the announcement of the Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

    8020
    MALATH INSURANCE 3.6 %
    1443/10/22     23/05/2022 09:27:32
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Corporate Actions

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CompanyProfilev2Financials

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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Policyholders (Ph) Assets: - - - -
Investments and Cash at Banks
408,430
432,726
462,342
435,023
Receivables, Net
218,884
200,224
183,834
172,366
Other Assets
209,898
180,763
232,681
148,011
Total Ph Assets
837,212
813,713
878,857
755,400
Shareholders (Sh) Assets: - - - -
Investments and Cash at Banks SH
371,690
419,186
384,115
393,090
Other Assets SH
38,634
80,376
117,234
97,239
Total Sh Assets
410,324
499,562
501,349
490,329
Total Assets
1,247,536
1,313,275
1,380,206
1,245,729
Ph Liabilities : - - - -
Reinsurers Balances Payable
25,809
6,840
11,248
5,417
Technical Reserves
733,466
670,518
692,729
571,343
Other Liabilities
77,937
136,355
174,880
178,640
Total Ph Liabilities
837,212
813,713
878,857
755,400
Sh Liabilities and Equity: - - -
490,329
Sh Liabilities
29,460
31,506
40,880
35,907
Sh Equity
380,864
468,056
460,469
454,422
Total Sh Liabilities and Equity
410,324
499,562
501,349
490,329
Total Liabilities
1,247,536
1,313,275
1,380,206
1,245,729
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-04-14 2021-03-17 2020-03-16 2019-03-14
Balance Sheet 2022-09-30 2022-06-30 2022-03-31 2021-09-30
Policyholders (Ph) Assets: - - - -
Investments and Cash at Banks
453,160
451,926
438,134
369,538
Receivables, Net
297,664
267,457
262,344
329,939
Other Assets
265,979
215,900
217,445
222,057
Total Ph Assets
1,016,803
935,283
917,923
921,534
Shareholders (Sh) Assets: - - - -
Investments and Cash at Banks SH
296,496
297,592
357,601
414,788
Other Assets SH
81,818
78,820
35,866
32,153
Total Sh Assets
378,314
376,412
393,467
446,941
Total Assets
1,395,117
1,311,695
1,311,390
1,368,475
Ph Liabilities : - - - -
Reinsurers Balances Payable
48,225
49,191
52,536
24,085
Technical Reserves
807,050
762,779
807,867
789,805
Other Liabilities
168,449
130,960
66,581
107,644
Total Ph Liabilities
1,023,724
942,930
926,984
921,534
Sh Liabilities and Equity: - - - -
Sh Liabilities
33,133
30,826
31,346
27,998
Sh Equity
338,260
337,939
353,060
418,943
Total Sh Liabilities and Equity
371,393
368,765
384,406
446,941
Total Liabilities
1,395,117
1,311,695
1,311,390
1,368,475
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-11-14 2022-08-28 2022-06-05 2021-11-10
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
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Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-01-31 محمد علي حميدان العماري Chairman 0.0285500 0.0285500 0
2023-01-31 ممدوح سعود دخيل الشرهان Board of Directors 0.0001960 0.0001960 0
2023-01-31 ياسر رشيد حمد الرشيد Board of Directors 0.0020000 0.0020000 0
2023-01-31 عمرو عبدالرزاق حسن الجندي النمري Board of Directors 0.0020000 0.0020000 0
2023-01-31 فواز عبدالرحمن سلمان الحجى Senior Executives 0.0090000 0.0090000 0
2023-01-31 عبدالحميد عبدالعزيز محمد العوهلي Board of Directors 0.0920000 0.0920000 0
2023-01-31 بدر علي محمد العلي Board of Directors 0.0000400 0.0000400 0
2023-01-31 فواز عبدالرحمن سلمان الحجى Board of Directors 0.0090000 0.0090000 0
2023-01-31 عمرو عبدالله محمد بن شلهوب Board of Directors 0.0002000 0.0002000 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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Malath Cooperative Insurance Co.
Price 13.80
Market Cap (SAR MN) 690
P/E Ratio -12.44
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Company Profile

Company overview

Malath Cooperative Insurance and Reinsurance Company provides wide range of general insurance products in various classes that include Aviation, Energy, Engineering, Marine (Cargo & Hull), Miscellaneous and Motor. In addition, Malath provides Healthcare Insurance for groups and individuals. The Company transacts its operations in accordance with Cooperative executive insurance regulations in Saudi Arabia.

Company History

Malath is a new cooperative insurance company in Saudi Arabia, founded by Saudi investors in 2004. Malath is capitalized at SAR 300 Million with prime focus on setting new benchmarks of excellence in customer service in the new emerging and regulating environment resulting from implementation of Cooperative Insurance Companies Law. Malath offered 47.48% of its capital for Initial Public Offering

Company Bylaws

N/A

Equity Profile

  • Authorized Capital (SAR) 500,000,000
  • Issued Shares 50,000,000
  • Paid Capital (SAR) 500,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2017-10-01

Investment limits

There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities.

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    2007/04/09

  • Financial Year End

    31/12

  • Listing Date

    2007/05/05

  • External Auditors

    [Al Bassam and Al Nemer Office PKF, Al Adem and Al Sudairi Office Crowe]

  • ISIN CODE

    SA000A0MJ2J4

  • Number of Employees

    331

  • Chairman

    Mohammed Ali Alammari
    Non - Executive

    Mohammed Ali Alammari
    • BD Session Start
      2022-04-21
      Designation
      Chairman
    • BD Session End
      2025-04-05
      Classification
      Non - Executive
    • Qualification
      bachelor physics and mathematics
  • Board of Directors

    Bader Ali Alali Deputy Chairman - Non Executive

    Bader Ali Alali
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Deputy Chairman - Non Executive
    • Qualification
      master bushiness ademnistration

    Fawaz Abdul Rahman Al-Hijji Executive

    Fawaz Abdul Rahman Al-Hijji
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Executive
    • Qualification
      master in managment

    mamdouh saud al sharhan Independent

    mamdouh saud al sharhan
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Independent
    • Qualification
      master financial and economic

    Amr Abdullah bin Shalhoob Independent

    Amr Abdullah bin Shalhoob
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Independent
    • Qualification
      bachelor degree in business and administration

    Amr Abdel-Razzaq Al-Nimri Independent

    Amr Abdel-Razzaq Al-Nimri
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Independent
    • Qualification
      bachelor degree in accountant

    Yasser Rashid Al-Rasheed Independent

    Yasser Rashid Al-Rasheed
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Independent
    • Qualification
      master in business and administration

    bdul Hamid Abdulaziz Al-Ohali Independent

    bdul Hamid Abdulaziz Al-Ohali
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Independent
    • Qualification
      bachelor degree in Marketing

    Mohammad Abdullah Al-Jumah Independent

    Mohammad Abdullah Al-Jumah
    • BD Session Start
      2022-04-21
      Designation
      Board of Directors
    • BD Session End
      2025-04-05
      Classification
      Independent
    • Qualification
      master in Law
  • Senior Executives

    Fawaz Abdul Rahman Al-Hijji CEO

Fawaz Abdul Rahman Al-Hijji
  • BD Session Start
    2018-01-01
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CEO

Investor Relations

Contact Name:

Investor Relations

Company Address:

P.O. Mohammed Bin Abdulazi street , Box 99763 Riyadh 11625 KSA

Contact Details:

Telephone: 0114168222 Ext:1213
Fax: 0114168333
Email: investor.relation@malath.com.sa

Company Website:

www.malath.com.sa


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