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Mohammed Hasan AlNaqool Sons Co.
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- *Average Trade Size = Cumulative / # of Trades
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| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount | No data available in table |
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The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
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| Last Update Date |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
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Company Profile
Company overview
Manufacturing and production of ready-mixed concrete
Company History
AL Naqool is a Saudi closed joint stock company pursuant to Ministerial Resolution No. (Q / 229) dated 07/08/1438 AH (corresponding to 04/04/2017) and Ministerial Resolution No. (Q / 241) dated 07/23/1438 AH (corresponding to 04/19/2017), and under the Commercial Registration No. (2050108220) dated 04/24/1437 AH (corresponding to 02/03/2016) issued in the city of Dammam, and the current capital of the company is (SAR 29,000,000) fully paid and divided into (2,900,000) fully paid common shares , the value of each share is (SAR10) AL Naqool was established as a sole proprietorship with a capital of (SAR 25,000). On 01/08/1432 AH (corresponding to 12/14/2010), the legal entity was transformed into a limited liability company and its name changed to become Muhammad Hasan Al-Naqool Company Ltd. for Industry, Trade and Contracting with the entry of the partner Mr. / Majed Muhammad Hassan Al-Naqool Al-Subaie. The value of net assets of the corporation was estimated at an amount of (SAR 1,500,000) to determine the company''s capital, and on 06/11/1432 AH (corresponding to 05/15/2011) the partners decided to increase the company''s capital to (SAR 2,900,000), On 07/07/1438 AH (corresponding to 04/03/2017), the partners decided to transform the company from a limited liability company to a closed joint stock company, and on 07/08/1438 AH (corresponding to 04/04/2017) Ministerial Resolution No. (Q / 229) was issued. By approving the license to transform the company from a limited liability company to a closed shareholding, and on 10/29/1438 AH (corresponding to 07/23/2017), the extraordinary general assembly agreed to increase the company''s capital to (SAR 22,950,000), and on 10/10/1439 AH (Corresponding to 06/24/2018) The extraordinary general assembly agreed to increase the company''s capital from (SAR 22,950,000) to (SAR 29,000,000).
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 29,000,000
- Issued Shares 2,900,000
- Paid Capital (SAR) 29,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2021-06-01
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 issued instructions by the related regulators and supervisory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Hussein Ahmad Salem Mohammed
Company Address:
Dammam - Second Industrial District P.O. 3112 Dammam 32273 Kingdom of Saudi Arabia
Contact Details:
Telephone:
8001010990
Fax
: 8413553 13 966 +
Email
: alnaqool@alnaqool.com
Company Website:
| Name Of Subsidiary | Percentage Of Property | Main Business | Location Of Operation | Country Of Operation |
|---|---|---|---|---|
| Al Naqool Cement Industries Company | 100.00% | Manufacture of cement products and ready-mixed concrete | Egypt | Egypt |
| Deer Real Estate Company | 100.00% | real estate development | Saudi Arabia | Saudi Arabia |
| Sadan Industry Company | 100.00% | Mining and quarrying | Saudi Arabia | Saudi Arabia |