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First Avenue for Real Estate Development Co.
- Main Market
- Real Estate Mgmt & Dev't
Stats Overview
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Performance
- *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
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Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
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| Net Profit (Loss) after Zakat and Tax | - | - | - | - |
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| Cash and Cash Equivalents, End of the Period | - | - | - | - |
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| All Currency In | ||||
| 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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| Cash and Cash Equivalents, Beginning of the Period | ||||
| Cash and Cash Equivalents, End of the Period | ||||
| All Figures in | ||||
| All Currency In | ||||
| 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.
- Announcements & Corporate Actions
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- Company Profile
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- Dividends
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- Company Profile
Company Profile
Company overview
The company conducts its activities under the Commercial Registration Certificate No. (1010894153) dated 02/12/1438H (corresponding to 24/08/2017G). The company''s activities, according to the Commercial Register, include General construction of residential buildings, general construction of non-residential buildings including schools, hospitals, hotels, etc., construction of prefabricated buildings on-site, renovation of residential and non-residential buildings, demolition and removal of buildings and others, purchase and sale of real estate lands and properties and their division and off-plan sales activities, management and leasing of owned or leased properties (residential), management and leasing of owned or leased properties (non-residential), real estate brokerage and property management activities for a commission. According to Article (4) of the articles of association, the company practices and carries out the following activities: Construction: building construction Construction: demolition Real estate activities: real estate activities in owned or leased properties. Real estate activities: real estate activities on a fee or contract basis. The company conducts its activities in accordance with the applicable regulations and after obtaining the necessary licenses from the competent authorities, if any. The company''s current activity is to develop and invest in the real estate segment by developing and constructing residential and commercial units.
Company History
First Avenue for Real Estate Development Company (hereinafter referred to as Company or First Avenue) is a Saudi closed joint stock company established by Ministerial Resolution No. (Q/5332) dated 25/02/1442H (corresponding to 12/10/2020G) approving the license to transform First Avenue for Real Estate Development Company from a limited liability company to a closed joint stock company, and Ministerial Resolution No. (Q/5333) dated 16/05/1442H (corresponding to 31/12/2020G) approving the announcement of the company''s transformation. The company''s head office is located on Prince Turki bin Abdulaziz Al-Awwal Road - Hittin District, Building 6957 - Unit No. 3, Riyadh, Postal Code 13512-2447, Kingdom of Saudi Arabia.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 205,000,000
- Issued Shares 205,000,000
- Paid Capital (SAR) 205,000,000
- Par Value/Share 1
- Paid Up Value/Share 1
Last Update :2024-10-14
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 related regulators and supervisory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Mohammad Mansour Al-Sabr
Company Address:
6957 Prince Turki bin Abdulaziz (Al Awwal) - Hitten Dist, Unit No. 3, Riyadh 13512 - 2447
Contact Details:
Telephone:
0112362009
Fax
: -
Email
: msabr@the1stavenue.com
Company Website:
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, 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 these disclosures, 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.
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