Investor Relations
Key Figures & Important Events
The company was founded by teaming up two conglomerate business groups, who are extensively exposed to the Cement industry, mainly Saudi Arabia “Al Muhaidib Group” and Italian “Italcementl Group” along with other prestigious names including Mr. Ziad Al Zaim founder of “Al Zaim Holding” and Al Fozan Holding Co.
Founders owns 85% of the company’s 97.6 million shares, while the remaining 15% were offered to the Public in a successful Initial Public Offering that was 171% oversubscribed, adding more than 2500 shareholders to the company.
Statement of The Company’s Senior Shareholders
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The following statement shows senior shareholders of the company’s shares and number of shares owned by each of them:
Name | Nationality | No. of shares | Percentage |
Al Muhaidib Holding Company | Saudi Arabia | 33,072,200 | 33.885% |
Syrinvest Holding Company | Dutch | 25,376,000 | 26% |
Al Zaim Holding Company | Syrian | 7,222,400 | 7.4% |
Eng. Ibrahim Cheikh Dib | Syrian | 6,052,280 | 6.201% |
Al Fozan Holding Co | Saudi Arabia | 4,880,000 | 5% |
An overview of important events for the shareholders since company establishment
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July | 2008 | IPO through the first installment | amount of 732,000,000 SYP |
July | 2009 | Receipt of second and third payments | amount of 366,616,630,50 SYP |
June | 2010 | Receipt of fourth payment | amount of 366,412,798,81 SYP |
June | 2011 | Capital Reduction | |
Fully paid capital | 9,760,000,000 SYP | ||
June | 2011 | Share split | by issuing four new shares at value of 100 SYP |
Capital Shares | 976,6000,000 SYP | ||
October | 2019 | Listing |