Company Profile

Company overview

The companys activities according to the commercial registration data are represented in (advertising institutions and agencies, interior design activities, general construction of residential buildings, general construction of non-residential buildings, including (schools, hospitals, hotels ... etc.), construction of stations and main lines for water distribution, manufacture of furniture and furniture from wood, systems analysis, design and programming of special software, artificial intelligence techniques).

Company History

WJA Company (hereinafter referred to as (the Company), (Issuer) or (WJA)) was established pursuant to the Memorandum of Association dated 21/04/1434H (corresponding to 03/03/2013G). As a limited liability company under Commercial Registration No. (1010366065) dated 22/04/1434H (corresponding to 04/03/2013G) issued in Riyadh under the commercial name (Waja Company) with a capital of eighty thousand (80,000) Saudi Riyals divided into eighty (80) in-kind shares of equal value and the value of each share is one thousand (1,000) Saudi Riyals. On 03/08/1442H (corresponding to 16/03/2021G), the two partners decided to increase the capital from SAR 500,000 to SAR 35,000,000. On 08/08/1442H (corresponding to 21/03/2021G), it was approved to announce the conversion of the company into a closed joint stock company with a capital of thirty-five million (35,000,000) Saudi Riyals divided into three million five hundred thousand (3,500,000) shares.

Company Bylaws

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Equity Profile

Investment limits

There are no investment limits on the companys 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 Companys bylaw and the issued Instructions by related regulators and supervisory authorities.