SUMMARY OF RISK FACTORS
D- Risks Related to the Offer Shares
4. THE COMPANY
4.7 Overview of the Shareholders
4.7.1.1 Abdullatif and Mohammed Al Fozan Company
Abdullatif and Mohammed Al Fozan Company is a Closed Joint Stock Company registered under Commercial Register No. 2051001547 dated 19/11/1390H (corresponding to 17/01/1971G). The head office of Abdullatif and Mohammed Al Fozan Company is located in Al-Khobar, Kingdom of Saudi Arabia. Abdullatif and Mohammed Al Fozan Company has a capital of seven hundred million Saudi Riyals (SAR 700,000,000), divided into seventy million (70,000,000) shares, with a nominal value of ten Saudi Riyals (SAR 10) per share.
Under its Commercial Register, the main business activities of Abdullatif and Mohammed Al-Fozan Company include the management of the subsidiaries, investing the funds thereof, owning the necessary real estate and movables, and providing loans, guarantees and financing for subsidiaries. The following table shows the ownership structure of Abdullatif and Mohammed Al-Fozan Company, as of the date of this Prospectus.
Table (4-17): The ownership structure of Abdullatif and Mohammed Al Fozan Company, as of the date of this Prospectus
Shareholder Shareholding
Maali Holding Company Closed Joint Stock Company 50%
Rawabi Riyadh Company Limited Single Shareholder Company 50%
Total 100%
Source: the Company
4.7.2 Maali Holding Company (Closed Joint Stock)
Maali Holding Company is a Closed Joint Stock Company registered under Commercial Register No. 2051023645 dated 09/07/1420H (corresponding to 18/10/1999G). The head office of Maali Holding Company is located in Al- Khobar, Kingdom of Saudi Arabia. Maali Holding Company has a capital of one hundred million Saudi Riyals (SAR 100,000,000), divided into ten million (10,000,000) shares, with a nominal value of ten Saudi Riyals (SAR 10) per share.
Under its Commercial Register, the main business activities of Maali Holding Company include the management of the subsidiaries, or participating in the management of other companies in which it contributes, providing the necessary support therefor, investing its funds in shares and other securities, owning real estate and movables necessary to conduct its activities, providing loans, guarantees and financing for subsidiaries, and owning industrial property rights such as patents, industrial and franchise trademarks. The following table shows the ownership structure of Maali Holding Company, as of the date of this Prospectus.
Table (4-18): The ownership structure of Maali Holding Company, as of the date of this Prospectus:
Shareholder Shareholding
Abdullatif bin Ahmed Al-Fozan 70%
Khalid bin Abdullatif bin Ahmed Al-Fozan 10%
Ali bin Abdullatif bin Ahmed Al-Fozan 10%
Abdullah bin Abdullatif bin Ahmed Al-Fozan 10%
Total 100%
Source: the Company
4.7.2.1 Rawabi Riyadh Company Limited (Single Shareholder Company)
Rawabi Riyadh Company Limited is a Single Shareholder Limited Liability Company registered under Commercial Register No. 2051221119 dated 23/07/1439H (corresponding to 09/04/2018G). The head office of Rawabi Riyadh Company Limited is located in Al-Khobar, Kingdom of Saudi Arabia. Rawabi Riyadh Company Limited has a capital of twenty thousand Saudi Riyals (SAR 20,000), divided into two hundred (200) shares, with a nominal value of one hundred Saudi Riyals (SAR 100) per share.
Under its Commercial Register, the main business activities of Rawabi Riyadh Company Limited include the wholesale of household appliances, wholesale and retail of wood of all kinds, wholesale and retail of sanitary ware and fittings, heaters and water tanks, wholesale and retail of tools and hand tools, and retail of electrical appliances and fittings. The
Table (4-19): The ownership structure of Rawabi Riyadh Company Limited, as of the date of this Prospectus:
Shareholder Shareholding
Mohammed bin Ahmed Al-Fozan 100%
Total 100%
Source: the Company
4.7.3 Al Saham Holding Company
Al Saham Holding Company is a Limited Liability Company registered under Commercial Register No. 2051234572 dated 25/07/1442H (corresponding to 09/03/2021G). The head office of Al Saham Holding Company is located in Al-Khobar, Kingdom of Saudi Arabia. Al Saham Holding Company has a capital of fifty thousand Saudi Riyals (SAR 50,000), divided into five hundred (500) shares, with a nominal value of one hundred Saudi Riyals (SAR 100) per share.
Under its Commercial Register, the main business activities of Al Saham Holding Company include managing the subsidiaries of holding companies, investing the funds of the subsidiaries of holding companies, owning the necessary real estate and movables for the holding companies, providing loans, guarantees and financing for the subsidiaries of holding companies, owning the industrial property rights of the subsidiaries of holding companies, and leasing the industrial property rights of the subsidiaries of holding companies. The following table shows the ownership structure of Al Saham Holding Company, as of the date of this Prospectus.
Table (4-20): The ownership structure of Al Saham Holding Company, as of the date of this Prospectus
Shareholder Shareholding
Rawabi Riyadh Company Limited 40%
Maali Holding Company 60%
Total 100%
Source: the Company
4.7.4 Athman Holding Company
Athman Holding Company is a Limited Liability Company registered under Commercial Register No. 2051234573 dated 25/07/1442H (corresponding to 09/03/2021G). The head office of Athman Holding Company is located in Al- Khobar, Kingdom of Saudi Arabia. Athman Holding Company has a capital of fifty thousand Saudi Riyals (SAR 50,000), divided into five hundred (500) shares, with a nominal value of one hundred Saudi Riyals (SAR 100) per share.
Under its Commercial Register, the main business activities of Athman Holding Company include managing the subsidiaries of holding companies, investing the funds of the subsidiaries of holding companies, owning the necessary properties and movables for the holding companies, providing loans, guarantees and financing for the subsidiaries of holding companies, owning the industrial property rights of the subsidiaries of holding companies, and leasing the industrial property rights of the subsidiaries of holding companies. The following table shows the ownership structure of Athman Holding Company, as of the date of this Prospectus.
Table (4-21): The ownership structure of Athman Holding Company, as of the date of this Prospectus
Shareholder Shareholding
Rawabi Riyadh Company Limited 40%
Maali Holding Company 60%
Total 100%
Source: the Company
4.7.5 Gheras Holding Company
Gheras Holding Company is a limited liability company registered under Commercial Register No. 2051234498 dated 20/07/1442H (corresponding to 04/03/2021G). The head office of Gheras Holding Company is located in Al-Khobar, Kingdom of Saudi Arabia. Gheras Holding Company has a capital of fifty thousand Saudi Riyals (SAR 50,000), divided into five hundred (500) shares, with a nominal value of one hundred Saudi Riyals (SAR 100) per share.
Under its Commercial Register, the main business activities of Gheras Holding Company include managing the subsidiaries of holding companies, investing the funds of the subsidiaries of holding companies, owning the necessary real estate and movables for the holding companies, providing loans, guarantees and financing for the subsidiaries of holding companies, owning the industrial property rights of the subsidiaries of holding companies, and leasing the industrial property rights of the subsidiaries of holding companies. The following table shows the ownership structure of Gheras Holding Company, as of the date of this Prospectus.
Table (4-22): The ownership structure of Gheras Holding Company, as of the date of this Prospectus
Shareholder Shareholding
Rawabi Riyadh Company Limited 40%
Maali Al Khaleej 60%
Total 100%
Source: the Company
4.7.6 Maali Al Khaleej Trading Company
Maali Al Khaleej Trading Company is a Limited Liability Company registered under Commercial Register No. 2051033057 dated 04/08/1427H (corresponding to 28/08/2006G). The head office of Maali Al Khaleej Trading Company is located in Al-Khobar, Kingdom of Saudi Arabia. Maali Al Khaleej Trading Company has a capital of five hundred thousand Saudi Riyals (SAR 500,000), divided into five hundred (500) shares, with a nominal value of one thousand Saudi Riyals (SAR 1,000) per share.
Under its Commercial Register, the main business activities of Maali Al Khaleej Trading Company include the retail sale of metal hardware, carpentry and blacksmith tools and equipment, retail sale of electrical tools and installations. The following table shows the ownership structure of Maali Al Khaleej Trading Company, as of the date of this Prospectus.
Table (4-23): The ownership structure of Maali Al Khaleej Trading Company, as of the date of this Prospectus
Shareholder Shareholding
Khalid bin Abdullatif Al-Fozan 25%
Abdullah bin Abdullatif bin Ahmed Al-Fozan 25%
Ali bin Abdullatif bin Ahmed Al-Fozan 25%
Fozan bin Mohammed bin Ahmed Al-Fozan 25%
Total 100%
Source: the Company