Mohammed Hasan AlNaqool Sons Co. (9514)

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …