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Jabal Omar Development Company   (4250.SSE)
Also known as: JODC, Jabal Omar
Last Trade
18.95 SAR
- 1.04%
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Updated: Apr 30, 2009
 
Joint Stock
 
 
Real estate property investment, development and management of the Jabal Omar area.
2007 (November)
22 (As of Apr 30, 2009)
230,000 square meters
SAR12 Billion
 
4250 
Ordinary 
SAR 
 
 Key Officers
Abdulrahman Abdulkader Mohammed Fakih
Chairman representing Makkah Construction and Development Company
Mamdouh Abdullah Tashkandi
General Manager
 
 Contact Details
Address:
Jabal Omar Building
King Khaled Street
Al Azizia Area
P.O. Box 56968
Makkah
Saudi Arabia
 
+966 2-553-3503
+966 2-559-1117
+966 2-553-3898
 
+966 2-527-2935
 
info@jodc.com.sa

 
  Latest Headline
Jabal Omar to raise $450m in rights issue - The Saudi Gazette
 
  IPO Details
Listing Date:
01Dec07
Size of Offering:
$537M
Equity Offering:
30%
Lead
Managers:
Bank AlBilad
 

  Business Overview
The Jabal Omar Development Company (JODC) is a real estate investment, development and management company, established in Saudi Arabia, for the sole purpose of developing the Jabal Omar community development.

Jabal Omar, also known as the Western Gate Road Development, is a 230,000 sq. m (2.5 million sq. ft.) mixed-use development located around the Grand Mosque of Mekkah. When completed in 2011, the SAR12.38 billion (USD3.3 billion) project will feature 38 residential towers, hotels, a retail concourse, a 58,000 sq. m (624,000 sq. ft.) prayer area, public parks, a central transportation station, a conference hall and related facilities.

JODC was established in October 2006 by the Makkah Construction and Development CompanyMakkah Construction and Development CompanyLoading..., with a capital of SAR5 billion (USD1.33 billion); it was listed on Tadawul in December 2007.
 
 
 Major Shareholders
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  Organization Structure and Related Entities 
Developments and Projects
 
Name  Country  Holding
Jabal Omar Project Saudi Arabia 100.00%
 
 
  Representatives
Auditors
 
Ernst and Young Riyadh
 
Banks
Al Rajhi Bank
Bank AlBilad
Law Firms
 
Baker and Mckenzie
 
 
 Summary Financials
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Company information provided by © 2009 ABQ Zawya Ltd.
 
 
    
 
 
 
 
 

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