Mohammed Hasan AlNaqool Sons Co. (9514)

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News

20 August 2023 04:22 PM Al Naqool witnesses 295% higher net profits in H1-23

Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company recorded net profits after Zakat and tax worth SAR 1.15 million in the first half (H1) of 2023, an annual surge of 295.20% from SAR 292,000 in the year-ago period. Meanwhile, the revenues …

Financial Results

18 December 2022 05:01 PM Al Naqool names new Chairman, Vice Chairman

Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company appointed Majed Mohammed Hassan Al Subaie as the new Chairman of the board for the coming three years, according to a bourse filing. Mohammad Hazaa Mohammad Al Mutairi and Turki Mohammad …

Management Decisions

12 December 2022 04:38 PM Al Naqool secures SAR 5.5m loan from Al Amthal Financing

Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company obtained a Sharia-compliant financing facility worth SAR 5.50 million from Al Amthal Financing Company on 7 December 2022. Al Naqool will use the funding to finance its working capital and …

Banking and Finance

31 July 2022 02:18 PM Al Naqool pens SAR 15m financing deal with SNB

Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company has inked a Sharia-compliant facility agreement worth SAR 15 million with Saudi National Bank (SNB). Secured by a promissory note, the financing deal holds a 66-month duration period, …

Companies Investments

9 November 2021 05:26 PM Al Naqool’s board amends capital hike value to SAR 87m

Riyadh – Mubasher: The board of Mohammed Hasan Al Naqool Sons Company decided on 11 November to increase the capital to SAR 87 million distributed over 8.7 million shares. The potential capital raise value is compared to SAR 29 million and 2.9 …

Corporate Actions

17 October 2021 04:42 PM Al Naqool concludes establishment of Sadan Industry

Riyadh – Mubasher: Mohamed Hassan Al Naqool Sons Company has completed the issuance of the memorandum of association and commercial register for its subsidiary company under the name of Sadan Industry Company. Sadan Industry will be a 100% owned …

Corporate Actions

10 October 2021 02:08 PM Al Naqool's board approves to establish mining and quarrying subsidiary

Riyadh – Mubasher: The board of Mohammed Hasan Al Naqool Sons Company has approved to establish a wholly-owned mining and quarrying limited liability subsidiary with a capital of SAR 1 million. The new subsidiary will use quarries to …

Companies Investments

7 September 2021 05:18 PM Al Naqool inks deal worth $4m with Graphene Ventures Fund

Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company has signed a Sharia-compliant agreement with Ventures Fund to invest $4 million (SAR 15 million) for Venture Capital Investment in Silicon Valley in the US. The eight-year fund aims to …

Companies Investments

25 August 2021 03:54 PM Al Naqool’s board proposes 50% capital raise

Riyadh – Mubasher: The board of Mohammed Hasan Al Naqool Sons Company recommended on 25 August to increase the capital by 50% or SAR 14.5 million through bonus shares from the retained earnings account and the statutory reserve. Al Naqool aims to …

Corporate Actions

13 July 2021 05:24 PM Al Naqool’s subsidiary receives qualification certificate from Etmam

Riyadh – Mubasher: Deer Real Estate Company, a subsidiary of Mohammed Hassan Al Naqool Sons Company, has obtained a certificate from the Developers Services Center (Etmam), affiliated to the Ministry of Municipal and Rural Affairs and Housing. The …

Companies Investments

5 July 2021 05:33 PM Al Naqool buys land plot for SAR 16m

Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company has purchased a land plot for a total value of SAR 15.87 million in Al Malqa district, according to a bourse filing on Monday. The asset, which is located in Riyadh and spans an area of …

Real estate

24 June 2021 04:57 PM Mohammed Hasan AlNaqool Sons' board approves to establish subsidiary

Riyadh - Mubasher: The board of Mohammed Hassan Al Naqool Sons Company has approved to establish a wholly-owned subsidiary company with limited liability after obtaining the necessary approvals from the relevant authorities. To be headquartered in …

Board of Directors

22 June 2021 11:57 AM Al Naqool receives SAR 4.7m financing from Tamweel Aloula

Riyadh - Mubasher: Mohammed Hassan Al Naqool Sons Co. received a SAR 4.7 million Shariah-compliant financing from Tamweel Aloula Company. The funding will be used to purchase equipment in order to boost production capacity, the company said in a …

Banking and Finance

15 June 2021 00:13 PM Al Naqool starts pilot production of SAR 20m project in Egypt

Riyadh – Mubasher: Mohammed Hassan Al Naqool Sons Co. announced the beginning of the pilot production phase at its SAR 20 million worth project in Egypt, according to a bourse filing on Tuesday. The Saudi listed firm has established the subsidiary …

Companies Investments