Naseej International Trading Co. (1213)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Major Shareholders
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

21 June 11:22 AM Naseej International narrows Q1-20 losses by 44%

Riyadh – Mubasher: Net losses after Zakat and tax of Naseej International Trading Company amounted to SAR 19.5 million during the first quarter (Q1) of 2020, down by 44.4% from SAR 35.2 million in the corresponding quarter a year earlier. Revenues …

Financial Results

14 May 03:02 PM Al Sorayai changes name to Naseej International Trading Co.

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group announced on Thursday changing its name to Naseej International Trading Company. The company’s shareholders approved the decision during the extraordinary general assembly meeting (EGM), …

Management Decisions

16 February 05:04 PM Al Sorayai shares oversubscribed by 858%

Riyadh – Mubasher: The remaining shares of Al Sorayai Trading and Industrial Group’s rights issue were 858.1% oversubscribed. A total of 1.93 million shares were sold with a total value of SAR 28.6 million, at an average selling price of SAR 14.79 …

Trading Activities

9 February 04:21 PM Al Sorayai discloses update on rights issue

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group’s rights issue registered an 82.83% coverage, with 9.33 million of subscribed shares out of the 11.266 million offered shares. The value of the subscribed shares amounted to SAR 93.31 …

Trading Activities

27 January 11:23 AM Al Sorayai launches rights issue trading

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group (Al Sorayai) announced on Monday the start of the rights issue trading and new shares subscription period. A priority rights offer of around 11.27 million ordinary shares will raise the …

23 January 11:29 AM Al Sorayai’s shareholders approve SAR 112.6m capital increase

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Al Sorayai Trading and Industrial Group (Al Sorayai) has approved an increase in the company’s capital through a priority rights issue of 11.3 million ordinary shares.  The capital will …

Corporate Actions

10 November 2019 11:51 AM Al Sorayai turns profitable in Q3

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group (Al Sorayai) achieved SAR 3.06 million in profits during the third quarter of 2019, versus losses of SAR 16.69 million in Q3-18. The company’s revenues plunged by 20% to SAR 64.6 million …

13 October 2019 10:13 AM Al Sorayai submits capital raise request to CMA

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group (Al Sorayai) has submitted a request to increase capital through a rights issue to the Capital Market Authority (CMA) on Friday. The company will provide further data on time, according to …

25 September 2019 10:36 AM Al Sorayai’s board proposes capital hike

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group’s board of directors recommended increasing the firm’s capital by issuing SAR 112.660 million worth of priority rights shares. During its meeting on 24 September 2019, the board noted that …

Board of Directors

11 September 2019 10:47 AM Al Sorayai’s accumulated losses drop to SAR 7.49m

Riyadh – Mubasher: The accumulated losses of Al Sorayai Trading and Industrial Group fell to SAR 7.49 million accounting for 11.43% of the company’s capital. The said decline in losses followed Al Sorayai’s extraordinary general meeting’s (EGM) …

29 August 2019 11:04 AM Al Sorayai fluctuation limits to be based on share price of SAR 40.75

Riyadh – Mubasher: The Saudi Stock Exchange announced that the fluctuation limits of Al Sorayai Trading and Industrial Group will be based on a share price of SAR 40.75. The Securities Depository Center (Edaa) will deposit the additional shares …

29 August 2019 10:31 AM Al Sorayai’s board approves 70% capital cut

Riyadh – Mubasher: The extraordinary general assembly of Al Sorayai Trading and Industrial Group has approved a 70.89% capital cut. The company will reduce its capital to SAR 65.5 million instead of SAR 225 million, according to a filing to the …

6 August 2019 02:46 PM CMA approves Al Sorayai’s request to cut its capital

Riyadh – Mubasher: The Capital Market Authority (CMA) has approved Al Sorayai Trading and Industrial Group’s request to reduce its capital. Accordingly, the company will reduce its capital to SAR 65.5 million from SAR 225 million, according to …

25 July 2019 09:15 PM Al Sorayai’s board proposes capital reduction

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group’s (Al Sorayai) board has recommended the reduction of the company’s capital by 70.89% to SAR 65.5 million from SAR 225 million. After the reduction, Al Sorayai’s shares will amount to 6.55 …

Board of Directors

25 July 2019 10:41 AM AlSorayai names Mark Henry as new CEO

Riyadh – Mubasher: The board of directors of AlSorayai Trading and Industrial Group (AlSorayai) has approved appointing Mark Henry Verlaine as the company's new CEO. The decision will come into force starting from Thursday, 25 July, according to a …

Board of Directors

23 July 2019 11:14 AM Al Sorayai suffers SAR 49m losses in Q2

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group (Al Sorayai) disclosed its interim financial results for the second quarter of 2019. The company swung to losses with SAR 48.9 million in Q2-19, against profits of SAR 921,000 in Q2-18, …

Financial Results

7 May 2018 03:48 PM Al Sorayai Trading Q1 profit falls 2.6%

Riyadh – Mubasher: Al Sorayai Trade and Industrial Group on Monday reported a 2.58% year-on-year decline in its profits for the first quarter of 2018. Net profits amounted to SAR 1.39 million in Q1-18, compared to SAR 1.44 million in Q1-17, …

Financial Results

13 February 2018 03:15 PM KSA mulls Al Sorayai Trading-The Home Styles merger

Riyadh – Mubasher: Saudi General Authority for Competition has sounded out experts about the merger of Al Sorayai Trading and Industrial Group and The Home Styles Company. The economic concentration was approved through a 100% merger of The Home …

Corporate Actions

31 December 2017 08:46 AM Al Sorayai Trading’s shares to be suspended for 2 days

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group’s shareholders convened for an extraordinary general meeting (EGM) where they approved the capital cut by 40%. Accordingly, the company’s capital has been reduced to SAR 225 million from …

23 November 2017 06:04 PM Al Sorayai begins calcium carbonate production

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group on Thursday announced commencing actual production at its calcium carbonate plant. Production began on Wednesday, 22 November, the Saudi company said in a bourse filing, highlighting that …

Companies Investments

19 July 2017 00:10 PM Al Sorayai names Al Rashed new CEO

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group’s board of directors approved on Tuesday the resignation of its CEO Vassilis Agapitos for personal reasons. The decision is effective Wednesday, Al Sorayai added in a statement to the …

Management Decisions

14 January 2017 03:33 PM Tadawul awaits important events this week

Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of important events this week led by the ordinary general meeting by National Shipping Company. The National Shipping Company of Saudi Arabia will hold …

General Assembly

4 August 2016 03:26 PM Al Sorayai liquidates investment portfolio

Riyadh – Mubasher: Al Sorayai Trading and Industrial Group’s investment portfolio has been completely liquidated today, according to a bourse filing on Thursday. Presently, the company fulfills all necessary requirements to close the portfolio for …

Companies Investments

29 December 2015 10:46 AM Al Sorayai studying impact of energy subsidy cut

Riyadh-Mubasher: Al Sorayai Group is studying the financial impact of the kingdom’s decision to lift energy prices, the company said in a bourse statement on Tuesday. The financial impact, if any, will be reflected on the company’s financials for …

Corporate Actions

30 November 2015 03:56 PM Al-Sorayai cancels MoU with China's Impex Trading

Riyadh-Mubasher: Al-Sorayai Group cancelled a memorandum of understanding (MoU) with China's Impex Trading Co. to acquire Jackson Moquette Co. as no agreement had been reached. There are no financial obligations resulting from the termination of …

Companies Investments