The major shareholders’ list showed last week (ending August 21) 13 changes in six companies.
Manafea Holding continued decreasing its shareholding for the second straight week in National Gypsum by 2.6% from 15.50% (4.9 million shares) to 12.90% (4.1 million shares). In addition, Yusuf Bin Ahmed Kanoo lowered its stake in Methanol Chemicals from 8.20% to 7.20% (more than 8.6 million shares).
Development and Investment Services Co. decreased its shareholding in Riyadh Development from 7.80% to 7.60% (more than 10.1 million shares).
Meanwhile, Ikarus Petroleum Industries increased its equity in Tasnee from 5% to 5.10% (33.4 million shares).
Abdulrahman Al-Rajhi rose his shareholding its Bank Albilad from 7.90% to 8.20% (over 32.8 million shares), while Mohammed Sairafi increased his stake in Taiba from 1% to 10.10% (above 15.1 million shares).