Palestine Development and Investment (PADICO)
Last update: 26 March 02:00 AM market time.
0.01
0.91%
Open
1.07
Previous Close
1.10
High
1.11
Low
1.07
Stock Statistics
Volume
608
Turnover
652.56
All data are 15 minutes late during market session
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General Information
Company Name
Palestine Development and Investment (PADICO)
Company Purpose
Palestine Development and Investment, Ltd. (PADICO HOLDING) was founded in 1993 as a foreign public shareholding limited Liability Company, registered in the Republic of Liberia. PADICO is vigorous make of high-profile Palestinian and Arab businessmen. This initiative vehemently aimed at contributing to building the Palestinian economy through the implementation of a diversity of developmental projects in vital economic sectors.
PADICO HOLDING paid-in capital is 250 million shares, with a nominal value of one USD per share, and is traded on The Palestine Exchange (PEX) since 1997.
Company Establish Date
14 October 1993
Financial Year Start
First Quarter
Auditor
- Ernst and Young - Palestine
Ownership
- Rowan International Investments (19.39%)
- Palestine Telecommunications (16.91%)
- Sabih Taher Darwish Al Masri (13.50%)
- Massar Internationa (11.20%)
- Saraj for Investment Funds Group (6.60%)
- Munib Rashed Al-Masri (4.20%)
- Palestine Real Estate Investment Co (0.484%)
- Palestine for Technology Transfer (0.06%)
- Palestine Insurance (0.0048%)
- Jerusalem Cigarette Co Ltd (0.0011%)
- Sahm Company (NA)
Management
Abdullah Elias Abdullah Sabat
CEO
Sabih Taher Darwish Al Masri
Board Members
Yazid Adnan Al Mufti
Board Members
Represents
Cairo Amman Bank - Jordan
Gamal Sedky Sadek Al Horany
Board Members
Represents
Arab Bank PLC
Nidal Mounir Reda Sukhtian
Board Members
Represents
Al Nawah for Investment Co
Khaled Walid Haidar Antabawy
Board Members
Represents
Palestine Telecommunications
Ruba Masrouji
Board Members
Represents
Palestine for Technology Transfer
Tamer Pransi
Board Members
Represents
Massar Internationa
Subsidiaries
- Quds Construction and Investment (100.00%)
- Palestine General Trading (100.00%)
- Palestine for Technology Transfer (100.00%)
- PADICO Services (100.00%)
- Al Rasheed Group for Investment and Real Estate Development Co. (100.00%)
- Rowan International Investments (100.00%)
- Palestine for Basic Chemical Materials (100.00%)
- Palestine for Packing and Canning (100.00%)
- Palestine Development and Investment Co Private Shareholding (100.00%)
- Tyco Trade & Investment (100.00%)
- Palestinian Waste Recycling (100.00%)
- The First Specialized Leisure Co (99.10%)
- Quds Tourism Investment (95.24%)
- Palestine Real Estate Investment Co (81.34%)
- Palestine Securities Exchange (66.20%)
- Palestine Industrial Investment Co (55.7524%)
- Nakheel Palestine for Agricultural Investment Co (52.41%)
- Elia View Tourism Investment Co (50.00%)
- Arkaan Real Estate Co (32.40%)
- Palestine Telecommunications (32.18%)
- Jericho Gate for Real Estate Investment (25.00%)
- Al Kobraa Waste Recycling Co (25.00%)
- Palestine Power Generating Co (20.00%)
- Jordan Vegetable Oil Industries (16.997%)
- Vtel Holdings Ltd (10.13%)
- Palestine Poultry Co Ltd (9.44%)
- Palestine Power Co Ltd (9.10%)
- Palestine Plastic Industries Co Ltd (4.13%)
- Arab Bank PLC (1.125%)
Contacts
Address
P.O.Box: 666 Rawabi
Phone
+970 2 2948222
Fax
+970 2 2948223
Website
www.padico.com
Email
[email protected]
Contact Person