AI Summary
Major shareholders raised their stakes in 23 Tadawul-listed companies, with 17 new shareholders joining the list in 2019, a recent study conducted by Argaam showed.
Major shareholders own 5% or more of any company listed on the Saudi Stock Exchange (Tadawul).
Since 2011, Argaam has been monitoring and publishing major ownership changes for all listed companies, providing its subscribers with the opportunity to review daily changes by clicking on “Major shareholders Changes” link.
|
Companies with Major Shareholder(s) Increasing Stakes (Q1 2019) |
||||
|
Major Shareholder |
Major Shareholder |
Volume Traded |
Variation |
|
|
2018 |
9M 2019 |
|||
|
Dallah Health |
Dallah Al Baraka Holding |
8.7 mln shares |
11.65% |
|
|
42.96% |
54.61% |
|||
|
Care |
Munich Reinsurance Co. |
3 mln shares |
10.00% |
|
|
5.00% |
15.00 % |
|||
|
Amana |
Gulf Amanah Insurance Co. |
1.8 mln shares |
7.66% |
|
|
10.71% |
18.37% |
|||
|
Abo Moati* |
Saad Abdullah Abo Moati |
854 K shares |
4.27% |
|
|
15.42% |
19.69% |
|||
|
Arabian Centres |
Arabian Centres |
12.6 mln shares |
2.65% |
|
|
38.90% |
41.55% |
|||
|
SAIB |
SAIB |
18.8 mln shares |
2.50% |
|
|
7.49% |
9.99% |
|||
|
Maaden |
PIF |
21.54 mln shares |
1.75% |
|
|
65.43% |
67.18% |
|||
|
Farm Superstores |
Hazem Fayez Al Aswad |
571.5 K shares |
1.27% |
|
|
52.50% |
53.77% |
|||
|
Taiba |
Assila Investment |
1.8 mln shares |
1.13% |
|
|
15.60% |
16.73% |
|||
|
Zahrat Al Waha |
Ahmed Hamoud Ibrahim Al Theyab |
150 K shares |
1.00% |
|
|
69.00% |
70.00% |
|||
|
Jarir |
Jarir Investment Trading Co. |
996.0 K shares |
0.83 % |
|
|
21.00 % |
21.83 % |
|||
|
Fitaihi |
Riadh Al Humaidan |
462 K shares |
0.84% |
|
|
15.00% |
15.84% |
|||
|
Catering |
Abdulmohsen Alhokair Holding |
598.6 K shares |
0.73 % |
|
|
8.67 % |
9.40 % |
|||
|
BCI |
Abdullah Muhanna Abdulaziz Al-Moaibed |
178.8 K shares |
0.65 % |
|
|
9.25% |
9.90 % |
|||
|
GASCO |
Abdulaziz Abdulrahman Abdulaziz Al Mohsen |
397.5 K shares |
0.53 % |
|
|
6.13% |
6.66 % |
|||
|
Fitaihi |
Ahmed Hassan Fitaihi |
192.5 K shares |
0.35 % |
|
|
29.50% |
29.85% |
|||
|
SPIMACO |
Amin Mohamed Amin Shaker |
432 K shares |
0.36% |
|
|
12.49% |
12.85% |
|||
|
Zoujaj |
Riadh Al Humaidan |
59.2 K shares |
0.18 % |
|
|
25.75% |
25.93% |
|||
|
Knowledge City |
Amin Mohamed Amin Shaker |
509 K shares |
0.15% |
|
|
7.33% |
7.48% |
|||
|
Albilad |
MASIC |
750.0 K shares |
0.10% |
|
|
19.24% |
19.34% |
|||
|
Taiba |
Mohammed Saleh Serafi |
48.1 K shares |
0.03 % |
|
|
15.52% |
15.55 % |
|||
|
Makkah Construction |
Mohammed Saleh Serafi |
33.0 K shares |
0.02 % |
|
|
18.17% |
18.19% |
|||
|
Leejam |
Hamad Ali Saud Al Sagri |
5.24 K shares |
0.01% |
|
|
60.45% |
60.46% |
|||
* The company moved from Nomu to main market.
The following table illustrates new holdings last year:
|
Major Ownership Changes |
|||
|
Company |
Shareholder |
2018 |
2019 |
|
Care |
NMC Saudi Arabia |
Less than 5% |
49.20% |
|
SSP |
Tenaris Saudi Arabia |
Less than 5% |
47.79% |
|
Aslak |
Mohammed Rasheed M. Al Rasheed |
Less than 5% |
12.24% |
|
Eastern Cement |
Prince Mohammad bin Fahd bin Abdulaziz Al Saud |
Less than 5% |
17.22% |
|
Alujain |
NATPET |
Less than 5% (4.96%) |
10.74% |
|
Enaya |
Daman |
Less than 5% |
10.00% |
|
AXA Cooperative |
Abdul Mohsen Ibrahim Abdul Mohsen Al Sultan |
Less than 5% |
9.79% |
|
BSF |
RAM Holding |
Less than 5% |
8.99% |
|
Red Sea |
Al Tanmeyah |
Less than 5% |
9.00% |
|
Taiba |
Mohammed Ibrahim Mohammed Al Issa |
Less than 5% |
7.41% |
|
Amiantit |
Prince Mohammad bin Fahd bin Abdulaziz Al Saud |
Less than 5% |
6.96% |
|
JAZADCO |
Al Jawharah Fahd Abdullah Al Dakhil |
Less than 5% |
6.90% |
|
Thob Al Aseel* |
Mohamed Abdullah Ibrahim Al Jedaie |
Less than 5% |
5.80% |
|
Dallah Health |
Mohammed bin Rashid Al-Faqih |
Less than 5% |
5.24% |
|
Zamil Industrial |
Al Ra'idah |
Less than 5% |
5.19 % |
|
Aljazira Takaful |
Dallah Albaraka |
Less than 5% |
5.12% |
|
Enaya |
Mohamed & Waleed Ahmed Al Naghy Co. |
Less than 5% |
5.00% |
* The company moved from Nomu to main market.
A total of 48 equity reductions were recorded in the same period. Meanwhile, 47 shareholders exited major owners’ lists in the same period, mainly in the General Organization for Social Insurance (GOSI) and the Public Pension Agency (PPA).
During 2019, GOSI has transferred some of its stakes in several Tadawul-listed companies to Hassana Investment Co. (HIC).
|
Companies with Major Shareholder(s) Offloading Stakes (FY 2019) |
|||||
|
Company |
Investor |
Number of shares |
Variation |
||
|
2018 |
9M2019 |
||||
|
BATIC |
Asas for Global Investment Co. |
(4.01 mln shares ) |
(13.36%) |
||
|
20.43% |
7.07% |
||||
|
MEPCO |
Lafana Holding |
(5.65 mln shares ) |
(11.29%) |
||
|
18.43% |
%7.14 |
||||
|
Raydan Food* |
Mansour Awadallah Ahmed Al-Salmi |
(1.97 mln shares ) |
(8.76%) |
||
|
29.40% |
20.64% |
||||
|
Al Kathiri Holding* |
Meshal Mohammed Naser Al Kathiri |
(345.4 K shares ) |
(7.64%) |
||
|
72.39% |
64.75% |
||||
|
Gulf Union |
Gulf Union |
(1.0 mln shares ) |
(6.74%) |
||
|
23.24% |
16.50 % |
||||
|
Tawuniya |
GOSI |
(6.2 mln shares ) |
(4.95%) |
||
|
22.83% |
17.88% |
||||
|
Mobily |
GOSI |
(38.1 mln shares ) |
(4.95%) |
||
|
11.85% |
6.90% |
||||
|
Saudi Ceramics |
GOSI |
(3.0 mln shares ) |
(4.95%) |
||
|
16.19% |
11.24% |
||||
|
Southern Cement |
GOSI |
(6.9 mln shares ) |
(4.95%) |
||
|
15.82% |
10.87% |
||||
|
Qassim Cement |
GOSI |
(4.5 mln shares ) |
(4.95%) |
||
|
15.09% |
10.14% |
||||
|
Yanbu Cement |
GOSI |
(7.8 mln shares ) |
(4.95%) |
||
|
12.37% |
7.42% |
||||
|
Petrochem |
GOSI |
(23.8 mln shares ) |
(4.95%) |
||
|
16.25% |
11.30% |
||||
|
Tawuniya |
Public Pension Agency |
(6.1 mln shares ) |
(4.90%) |
||
|
23.79% |
18.89% |
||||
|
SPIMACO |
Public Pension Agency |
(5.9 mln shares ) |
(4.90%) |
||
|
13.05% |
8.15% |
||||
|
NCB |
Public Pension Agency |
(147 mln shares ) |
(4.90%) |
||
|
10.26% |
5.36% |
||||
|
Eastern Cement |
Public Pension Agency |
(4.2 mln shares ) |
(4.90%) |
||
|
10.65% |
5.75% |
||||
|
Alinma |
Public Pension Agency |
(73.5 mln shares ) |
(4.90%) |
||
|
10.71% |
5.81% |
||||
|
NCB |
GOSI |
(144.6 mln shares) |
(4.82%) |
||
|
10.00% |
5.18% |
||||
|
Samba |
GOSI |
(93.4 mln shares ) |
(4.67%) |
||
|
11.76% |
7.09% |
||||
|
SABB |
GOSI |
(93.1 mln shares ) |
(4.53%) |
||
|
9.74% |
5.21% |
||||
|
Al Rajhi |
GOSI |
(108.3 mln shares ) |
(4.33%) |
||
|
10.19% |
5.86% |
||||
|
BSF |
GOSI |
(52.0 mln shares ) |
(4.31%) |
||
|
13.29% |
8.98% |
||||
|
Yansab |
GOSI |
(24.2 mln shares ) |
(4.30%) |
||
|
11.94% |
7.64% |
||||
|
ANB |
GOSI |
(61.1 mln shares ) |
(4.07%) |
||
|
11.28% |
7.21% |
||||
|
eXtra |
Al Fozan Holding |
(2.0 mln shares ) |
(4.00%) |
||
|
33.65% |
29.65% |
||||
|
Samba |
Public Pension Agency |
(75.6 mln shares ) |
(3.78%) |
||
|
15.32% |
11.54% |
||||
|
SAIB |
Public Pension Agency |
(27.5 mln shares ) |
(3.67%) |
||
|
17.66% |
13.99% |
||||
|
Savola |
GOSI |
(19.2 mln shares ) |
(3.59%) |
||
|
10.26% |
6.67% |
||||
|
Petrochem |
Public Pension Agency |
(16.5 mln shares ) |
(3.43%) |
||
|
17.11% |
13.68% |
||||
|
Budget Saudi |
Zahid Group |
(2.4 mln shares ) |
(3.36%) |
||
|
16.48% |
13.12% |
||||
|
SIIG |
Public Pension Agency |
(13.86 mln shares ) |
(3.08%) |
||
|
12.04% |
8.96 % |
||||
|
SACO |
Al Himedi Group |
(1.1 mln shares ) |
(3.01%) |
||
|
15.55% |
12.54 % |
||||
|
TADCO |
Khalid Saleh Al Shathry |
(1.0 mln shares ) |
(2.29%) |
||
|
10.64 % |
8.35 % |
||||
|
SAFCO |
GOSI |
(7.0 mln shares ) |
(1.69%) |
||
|
10.54% |
8.85% |
||||
|
Raydan Food* |
Mashal Awadallah Ahmed Al Salmi |
(88 K shares) |
(0.39%) |
||
|
7.24% |
6.85% |
||||
|
Awadallah Ahmed Al Salmi |
(227.3 K shares) |
(1.01%) |
|||
|
12.30% |
11.29% |
||||
|
SSP |
Khalid Saleh Al Shathry |
(464 K shares) |
(0.91%) |
||
|
10.57% |
9.66% |
||||
|
Sipchem |
Zamil Holding Group |
(6.53 mln shares ) |
(0.89%) |
||
|
9.69 % |
8.80 % |
||||
|
Saudi German Hospital |
International Finance Corporation |
(754.7 K shares) |
(0.82%) |
||
|
8.42% |
7.60% |
||||
|
Catering |
Strategic Supply Co. Ltd. |
(598.6 K shares) |
(0.73%) |
||
|
9.31 % |
8.58 % |
||||
|
SAIB |
GOSI |
(5.3 mln shares ) |
(0.70%) |
||
|
17.26 % |
16.56 % |
||||
|
Yamama Cement |
Prince Sultan bin Mohammed bin Saud Al Kabeer |
(2.53 mln shares ) |
(1.25%) |
||
|
9.12 % |
7.87% |
||||
|
Jabal Omar |
Makkah Construction |
(5.2 mln shares) |
(0.56%) |
||
|
9.81% |
9.25% |
||||
|
Northern Cement |
Pan Kingdom Investment Co. |
(594 K shares) |
(0.33%) |
||
|
11.41 % |
11.08 % |
||||
|
Seera Holding |
Nasser bin Aqeel Al Tayyar |
(720 K shares) |
(0.24%) |
||
|
11.05% |
10.81% |
||||
|
Jabal Omar |
Jabal Omar Founders |
(836 K shares) |
(0.09%) |
||
|
14.38% |
14.29% |
||||
|
Abo Moati* |
Saeed Omar Baseed |
(4,000 shares) |
(0.02%) |
||
|
19.30% |
19.28% |
||||
|
Tabuk Cement |
Khalid Saleh Abdulrahman Al Shathri |
(9,000 shares) |
(0.01%) |
||
|
12.69% |
12.68% |
||||
* The company moved from Nomu to main market.
The PPA has also transferred some holdings from its investment portfolio to its investment arm Al Ra’idah Investment Co.
The following table illustrates the shares unloaded by major shareholders in 2019:
|
Major Ownership Changes (SAR mln) |
|||
|
Company |
Shareholder |
2018 |
2019 |
|
SSP |
Rabiah & Nassar Group |
40.00% |
Less than 5% |
|
Care |
GOSI |
35.12% |
Less than 5% |
|
Al Kathiri*** |
Fahad Abdulaziz Al Banyan |
16.90% |
Less than 5% |
|
BSF |
Crédit Agricole Corporate and Investment Bank |
14.91% |
Less than 5% |
|
Anaam |
Prince Abdullah Turki bin Abdulaziz Al Saud |
14.89% |
Less than 5% |
|
Abo Moati *** |
Abdulah Saad Abo Moati |
14.63% |
Less than 5% |
|
GASCO |
Said Ali Ghadran Al Ghamdi |
11.98 % |
Less than 5% |
|
SGS |
National Aviation Ground Support |
11.37% |
Less than 5% |
|
SABB |
NatWest Markets N.V. |
10.79% |
Less than 5% |
|
National Gypsum |
Ahmed Taha Khayyat |
10.37 % |
Less than 5% |
|
SPM |
Falcom Financial |
9.83% |
Less than 5% |
|
Riyad |
Public Pension Agency |
9.27% |
Less than 5% |
|
Jabal Omar |
GOSI |
9.02% |
Less than 5% |
|
Tasnee |
GOSI |
8.69% |
Less than 5% |
|
Sipchem |
IKARUS* |
8.05% |
Less than 5% |
|
Al Ahli Takaful |
FWU Co. |
7.98% |
Less than 5% |
|
Sipchem |
Public Pension Agency |
7.74% |
Less than 5% |
|
Makah Construction |
Public Pension Agency |
7.43% |
Less than 5% |
|
eXtra |
Abdulaziz Al Saghyir Co. |
7.35 % |
Less than 5% |
|
Al Sorayai Group |
Nafea Nasser Al Sorayai |
7.34 % |
Less than 5% |
|
STC |
GOSI |
7.00 % |
Less than 5% |
|
SAFCO |
Public Pension Agency |
6.87% |
Less than 5% |
|
Yamama Cement |
Public Pension Agency |
6.87% |
Less than 5% |
|
STC |
Public Pension Agency |
6.77% |
Less than 5% |
|
Qassim Cement |
Public Pension Agency |
6.55% |
Less than 5% |
|
Dur |
GOSI |
6.54% |
Less than 5% |
|
Advanced |
GOSI |
6.37% |
Less than 5% |
|
Al Othaim |
GOSI |
6.36% |
Less than 5% |
|
Saudi Cement |
Public Pension Agency |
6.11% |
Less than 5% |
|
Al Akaria |
Public Pension Agency |
5.91% |
Less than 5% |
|
SIIG |
GOSI |
5.80% |
Less than 5% |
|
SABIC |
GOSI |
5.70% |
Less than 5% |
|
Shaker |
Al Mutlaq Group |
5.61 % |
Less than 5% |
|
Arabian Cement |
Public Pension Agency |
5.27% |
Less than 5% |
|
Saudi Cement |
GOSI |
5.22% |
Less than 5% |
|
Thob Al Aseel*** |
Turfa Ahmed Al Qannas |
5.12 % |
Less than 5% |
|
Alinma |
GOSI |
5.10% |
Less than 5% |
|
Aldrees |
Jadwa Private Account No. 10 |
5.02% |
Less than 5% |
|
Al Sorayai |
SNASCO Trading & Industrial Co. |
5.00% |
Less than 5% |
|
Aljazira Takaful |
Fawasel for Trading & Investment |
5.00% |
Less than 5% |
|
Aljazira Takaful |
Al Taj Regional for Development Co. |
5.00% |
Less than 5% |
|
SABB |
Al Muhaidib Holding** |
5.00% |
Less than 5% |
|
Zamil |
Public Pension Agency |
5.00% |
Less than 5% |
|
Tabuk Cement |
Public Pension Agency |
5.00% |
Less than 5% |
|
Red Sea |
Supreme Foods Co. Ltd. |
5.00% |
Less than 5% |
|
Enaya |
Khaled Juffali Co. |
5.00% |
Less than 5% |
|
Raydan Food *** |
Mohammed Awad Ahmed Al Salmi |
5.00 % |
Less than 5% |
*Stake fell below 5% after Sahara-Sipchem merger and capital hike.
** Stake fell below 5% after SABB-Alawwal merger and capital hike.
*** The company moved from Nomu to main market.
The following table illustrates the major shareholders’ ownership changes in Tadawul-listed REITs during the same period:
|
REITs with Major Ownership Changes (2019) |
||||
|
REIT |
Major Shareholder |
Number of shares |
Variation |
|
|
2018 |
2019 |
|||
|
Jadwa Saudi |
Zayed Al-Zamil |
Less than 5% |
6.91% |
-- |
|
Musharaka |
Musharaka Capital |
Less than 5% |
5.26 % |
-- |
|
MEFIC |
Bander bin Abdulrahman Al-Muhanna |
(820.7K units) |
(1.12%) |
|
|
7.39% |
6.27 % |
|||
|
Jadwa Al Haramain |
Yasar Othman Al Hogail |
(820.7K units) |
(0.70%) |
|
|
7.39% |
6.27% |
|||
|
Taleem |
RAJ Real Estate |
(1.24 mln units) |
(2.43%) |
|
|
30.88 % |
28.45 % |
|||
|
Al Mashaar |
AMNEST Group |
(1.7 mln units) |
(2.91%) |
|
|
50.61% |
47.70% |
|||
|
Musharaka |
Gulf Address Real Estate Investment Co. |
(3.8mln units) |
(4.32%) |
|
|
19.99% |
15.67% |
|||
|
Derayah |
Khalid Al-Muqairin |
(1.43mln units) |
(1.33%) |
|
|
15.34% |
14.51% |
|||
|
SEDCO Capital |
Mithaq Holding Co. |
12.04% |
Less than 5% |
-- |
|
SEDCO |
5.51% |
Less than 5% |
-- |
|
|
Riyad |
Rafal Real Estate Development |
10.73% |
Less than 5% |
-- |
|
Abdullah Mohammed Ameen Mohammed Jameel |
5.25% |
Less than 5% |
-- |
|
|
Ghassan Mohammed Ameen Mohammed Jameel |
5.25% |
Less than 5% |
-- |
|
|
Musharaka |
Mohammad Salmeen Al Nahdi |
5.49 % |
Less than 5% |
-- |
|
MEFIC |
AWJ Holding |
6.82% |
Less than 5% |
-- |
|
Salman Ibrahim Abdullah Al Masud |
6.82% |
Less than 5% |
-- |
|
|
Awj for Development and Real Estate Investment |
6.82% |
Less than 5% |
-- |
|
|
Jadwa Saudi |
Al Muhaidib Holding |
25.59% |
Less than 5% |
-- |
|
|
Almaarefa Colleges for Science & Technology |
7.59% |
Less than 5% |
-- |
In Nomu Parallel Market, major shareholders’ stakes saw 1 equity hike and 6 reductions last year.
|
Ownership Changes – Nomu (2019) |
||||
|
Company |
Major Shareholder |
Volume Traded |
Variation |
|
|
2018 |
2019 |
|||
|
Arab Sea |
Mohammed Al-Suhaibani |
386K shares |
+ 3.86% |
|
|
29.91% |
33.77% |
|||
|
Beji Co. Ltd |
(332.0K shares) |
(3.32%) |
||
|
21.33% |
18.01% |
|||
|
Ali Nasser Al-Wahaibi |
(82.0K shares) |
(2.11%) |
||
|
7.71% |
5.60% |
|||
|
Development Works Food |
Saad S. A. Al Hudaib |
(50.0 K shares) |
(2.00%) |
|
|
8.00% |
6.00% |
|||
|
Al-Samaani |
Bandar Al-Samaani |
(48.0K shares) |
(3.20%) |
|
|
28.80% |
25.60% |
|||
|
Development Works Food |
Abdulrahman Al-Asmari |
(204K shares) |
(8.16%) |
|
|
20.00% |
11.48% |
|||
|
Al Ofok Analytical for Commercial Services Co. |
(558.0K shares) |
(22.32%) |
||
|
44.00% |
21.68% |
|||
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