Al Badia Cement (JSC) has a dedicated Investor Relations Department (IRD responsible for handling all General Assembly meetings and all shareholders queries and other affairs.

IRD can be reached on the following contact details:

Investor Relations Department (IRD)
Tel:   +963 11 2118562
Fax:  +963 11 2140095
E-mail: investor.relations@albadiacement.com

Al Badia's total number of shares is 24,400,000 with a nominal value of SYP 500 each. Shareholders have already paid 80% of the shares' nominal value, equivalent to SYP 400 for every share. The remaining 20%, equivalent to SYP 100, will be announced for payment based on a request from the Board of Directors.

Every shareholder has a record in the electronic as well as the paper shareholder database. This database contains information about the No. of Shares, Paid Installments, Contact Details, Log of Queries and any Shareholders Transactions. All shareholders are encouraged to update their contact details in order to ensure that they will be easily reachable by IRD.

Shareholders are issued a “Temporary Ownership Certificate” (TOC) for their shares. This Certificate will bear back stamps evidencing the already paid installments.  The TOC can be replaced with a final ownership certificate upon completion of payment of the full share amount. All certificates which have not been delivered can be picked up on an individual basis from the Investor Relations Department.

Al Badia Cement (JSC) shares are not traded on any stock exchange. This is why it is not possible to provide any information about real current market selling prices.

Not yet. Al Badia intends to list its shares on the Damascus Stock Market (DSM) as soon as the company is operational and in compliance with the listing criteria set by DSM authorities.

No. Al Badia Cement (JSC) does not initiate any share trading activities and does not encourage, discourage, or provide any opinions in this regard.

Al Badia Cement (JSC) has a clear procedure for recording, in a legal manner, the transfer of shares from one owner to another. For further information please contact the IRD. Transfer of shares shall be strictly registered in Al Badia Investor Relations Department, in accordance with Al Badia procedures, which are in accordance with the laws.

Al Badia Cement (JSC) Quarterly and Semi-Annual financial results as well as its Board of Directors' Annual Report and Annual Audited Financial Statements are published on the company’s website and the website of the Syrian commission for Securities and Financial Markets.

The execution phases of the project are progressing in accordance with the project timeline. Commissioning for production is expected to commence at the beginning of 2011.