Tihama Advertising and Public Relations Co (TAPRCO) News - Mubasher Info
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Tihama Advertising and Public Relations Co (4070)

Last update: 18 April 03:19 PM market time.
15.76
-1.74
-9.94%
Open 15.50
Previous Close 17.50
High 16.02
Low 15.48
Stock Statistics
Volume 691,105
Turnover 10,915,115.88
All data are 15 minutes late during market session

News

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15 February 03:35 PM Tihama’s net losses soar 54% YoY in 9M-23/24; accumulated losses unveiled
Riyadh – Mubasher: Tihama Advertising and Public Relations Company has reported a 53.80% surge in net loss during the first nine months (9M) of the fiscal year (FY) 2023/2024, recording SAR 32.30 million when compared to SAR 21 million in …
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13 December 2023 08:48 PM Tihama’s net losses widen 55%, revenues down 20.5% in H1-23/24; accumulated losses unveiled
  Riyadh – Mubasher: Tihama Advertising and Public Relations Company posted net losses after Zakat and tax of SAR 18.10 million in the first half (H1) of the fiscal year (FY) 2023/2024. The net losses widened by 54.70% year-on-year (YoY) in …
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2 July 2023 07:22 PM Tihama seals merger agreement to establish Bahrain-based group
Riyadh – Mubasher: Tihama Advertising and Public Relations Company has completed the merger of the J. Walter Thompson MENA business with the Wunderman MENA business on 23 June 2023, according to a bourse filing. The merger aims to create Wunderman …
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11 October 2022 05:34 PM Saudi Tihama’s unit exits assets in Dubai to boost working capital
Riyadh – Mubasher: Tihama Education Company, a subsidiary of Tihama Advertising, Public Relations, and Marketing Company, has sold six real estate units in an administrative building in Dubai. Executed on 11 October 2022, the transaction amounted …
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6 October 2022 11:54 PM CMA nods to capital change requests by Al Sagr Cooperative, Tihama
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted Al Sagr Cooperative Insurance Company’s request to decrease its capital to SAR 140 million from SAR 400 million, according to a bourse filing. The new capital will be distributed …
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3 March 2022 05:59 PM Tihama’s accumulated losses narrow to 33.5% of capital
Riyadh – Mubasher: Tihama Advertising and Public Relations Company's accumulated losses shrank to SAR 16.64 million as of 23 February. The accumulated losses currently represent 33.5% of the SAR 50 million capital, according to a recent bourse …
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10 February 2022 08:38 PM Tihama receives regulatory nod to SAR 125m capital cut
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved Tihama Advertising and Public Relations Company’s request to reduce its capital by SAR 125 million. The company aims to cut the capital from SAR 175 million distributed over 17.50 …
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10 February 2022 06:10 PM Tihama's net losses down 18% in 9M-21/22; accumulated losses cross SAR 141m
Riyadh – Mubasher: Tihama Advertising and Public Relations Company recorded net losses after Zakat and tax worth SAR 30.6 million during the nine-month (9M) period that ended on 31 December 2021, down 18.1% from SAR 37.4 million in the same period …
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3 January 2022 06:09 PM Tihama's board amends capital increase value
Riyadh – Mubasher: The board of Tihama Advertising and Public Relations Company has changed the value of its capital raise recommendation, which took place on 14 July 2021, to become SAR 350 million through a rights issue, according to a recent …
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3 January 2022 02:18 PM Tihama names Al Asmari as new CEO
Riyadh – Mubasher: The board of Tihama Advertising and Public Relations Company has appointed Mazen bin Muhammad Al Asmari as the new CEO. Al Asmari has assumed the role on 2 January, according to a bourse filing. It is worth noting that Al Asmari …
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27 December 2021 11:37 AM Tihama extends deal to set up ICG Saudi Arabia
Riyadh – Mubasher: Tihama Advertising and Public Relations Company has extended its agreement with the UK’s WPP Group on 26 December and until the middle of next year. The Saudi company aims to complete all legal ownership and regulatory approvals …
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16 November 2021 04:33 PM Dubai Courts issues verdict in favour of Saudi Arabia's Tihama
Mubasher: The Dubai Courts of First Instance has issued a verdict in favour of Tihama Advertising and Public Relations Company against Nasser bin Saleh Al Sarami and Kanaen General Trading Company. The preliminary ruling obligates Nasser bin Saleh …
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18 October 2021 02:07 PM Tihama appoints Chairman, Vice Chairman
Riyadh – Mubasher: The board of Tihama Advertising and Public Relations Company has decided to appoint Sultan Salahuddin Abdul Azim as the Chairman of the company starting 14 October 2021. The board also named Ibrahim Mohammed Ibrahim Al Shabib as …
The appointment has come into effect on Sunday
6 September 2021 10:38 AM Tihama hires financial advisor for capital amendment
Riyadh – Mubasher: Tihama Advertising, Public Relations, and Marketing Company has appointed Falcom Financial Services Company as the financial advisor to manage the process of reducing and increasing its capital. The appointment has come into …
Tihama intends to restructure the capital to offset the accumulated losses
14 July 2021 04:30 PM Tihama’s board recommends capital cut, raise
Riyadh – Mubasher: The board of Tihama Advertising and Public Relations Company proposed a capital reduction of 42.9% to be followed with a 50% increase, according to a bourse filing on Wednesday. The company aims to decrease the capital by …
Tihama owns 51% stake in Intermarkets
13 July 2021 04:56 PM Tihama liquidates Intermarkets on partners’ resolution
Riyadh – Mubasher: Tihama Advertising and Public Relations Company said its partners have decided to liquidate the International Advertising Services Company (Intermarkets), which has not been operating since 18 January 2012. Tihama owns 51% stake …
WPP will hold an interest of 70% of the JV
4 July 2021 04:06 PM Tihama pens JV creation, merger agreements with WPP
Riyadh - Mubasher: Tihama Advertising and Public Relations Co signed an agreement with WPP to establish a new joint venture company, ICG Saudi Arabia. The new JV will provide a range of communications and media services in Saudi Arabia through …
Al Asmari was the Executive Vice President
15 June 2021 11:25 AM Tihama appoints new CEO
Riyadh – Mubasher: Tihama Advertising and Public Relations Company has appointed Mazen Mohamed Al Asmari as the new CEO effective from 14 June. Al Asmari has been the Executive Vice President of Tihama before assuming the CEO position. He holds …
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11 March 2021 09:14 AM Tihama buys 35% of unit at SAR 7.25m
Riyadh – Mubasher: Tihama Advertising and Public Relations Company has completed the formal procedures to acquire shares representing 35% of the capital of its subsidiary, Integrated Production Company for Audiovisual Media Production, at SAR 7.25 …
The contract’s value will depend on the value of the purchased products in 2021-2023.
22 February 2021 04:32 PM Tihama’s unit extends exclusive distribution deal with Houghton Mifflin Harcourt
Riyadh – Mubasher: Tihama Distribution, a fully-owned subsidiary of Tihama Advertising and Public Relations Company, has extended its exclusive distribution agreement with the education technology company, Houghton Mifflin Harcourt (HMH). Tihama …
The deal’s material impact will reflect during the upcoming financial periods.
14 February 2021 04:47 PM Tihama’s unit inks SAR 5.4m deal to produce TV series
Riyadh – Mubasher: Integrated Production Company for Audiovisual Media Production, a 35%-owned subsidiary of Tihama Advertising and Public Relations Company, penned a contract with the Saudi Broadcasting Authority (SBA) to produce a TV series. The …
The company’s losses surged by 167.1% YoY in the first nine months of FY20/21.
11 February 2021 10:35 AM Tihama's quarterly loss up 8.4%
Riyadh – Mubasher: Tihama Advertising and Public Relations Company’s net losses widened by 8.4% year-on-year (YoY) in the third quarter (Q3) of fiscal year (FY) 2020/2021 to SAR 16.8 million. The higher quarterly losses are attributed to a drop in …
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17 January 2021 04:05 PM Tihama’s unit inks SAR 9m deal with Saudi Broadcasting Authority
Riyadh – Mubasher: Tihama Advertising and Public Relations Company said its subsidiary, Integrated Production Company for Audiovisual Media Production, has penned a contract with the Saudi Broadcasting Authority to produce a TV talk show. The …
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15 November 2020 04:25 PM Tihama pens SAR 20m loan deal with Samba
Riyadh – Mubasher: Tihama Advertising and Public Relations Company on Sunday signed a credit facility agreement of SAR 20 million with Samba Financial Group. The two-year loan is guaranteed by a pledge of a banking deposit at Samba, according to a …
The accumulated losses fell to SAR 56.4 million as of 30 September 2020.
12 November 2020 09:38 AM Tihama’s accumulated losses fall to 32.2% of capital
Riyadh – Mubasher: Tihama Advertising and Public Relations Company on Thursday said its accumulated losses fell to SAR 56.4 million as of 30 September 2020. This represents 32.2% of the company’s capital, which totals SAR 175 million as of 30 …