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عربي

Trade Union Cooperative Insurance Company

   (8170.SSE)
Also known as: TUCI, Trade Union Cooperative
Last Trade
28.70SAR
0.00%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: May 30, 2011
 
 
 
Country

Saudi Arabia

Ownership Type
Company Type
Joint Stock
 
 
 
Zawya Industry Classifications (ZIC)
Sector Industry

Financial Services

 
Principal Activities
Provides non-life insurance; reinsurance services all according to the Islamic principles.
 
Date of Establishment Year
2008 (February)
 
No of Employees
175 Company, N/A Headquarters (As of May 25, 2011)
 
Branches
Saudi Arabia (4)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  8170 8170.SSE Ordinary SAR
 
 
Contact Details
Address:
Nasser Al Hajiri Tower
8th Floor
Al Khobar - Al Dammam Highway
P.O. Box 1022
Al Khobar 31952
Al Sharqiyah
Saudi Arabia
 
Tel:
+966 3-857-2222
 
Fax:
+966 3-858-0056
 
Email:
info@tui-sa.com
 
Website:
www.tui-sa.com

 
 
 IPO Details
Listing Date:
09Feb08
Size of Offering:
$28.09M
Equity Offering:
42%
Lead
Managers:
NCB Capital
 
 
 Major Shareholders  Section Updated: 13Sep11
Name   Type  Country  Holding 
Trade Union Insurance Company  Corporate Bahrain 22.36% 
Al-Ahleia Insurance Company  Corporate Kuwait 10.00% 
Other investors   - 25.64% 
Public   - 42.00% 
 
 
 Foreign Ownership Limits
Section Updated: 30Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Investments
Name  Country  Holding 
Najm for Insurance Services Saudi Arabia 7.70%
 
 
 Representatives
Auditors
Deloitte and Touche Bakr Abulkhair and Company Al Bassam Certified Public Accoutants and Consultants
Banks
National Commercial Bank Arab Bank - Saudi Arabia
Banque Saudi Fransi  
 
 
 Financial Results  31-Dec-10  31-Dec-11   Yr on Yr 
  SAR'000 SAR'000 change (%)
Net profit  20,845 25,985 24.66
Total assets 859,683 962,412 11.95
Paid-up capital 250,000 250,000 0.00
Shareholders' Equity 276,421 294,394 6.50
Shares outstanding 25,000 25,000 0.00
Market capitalization 446,250 515,000 15.41
» View Full Financials