Formerly Known As
Ahmed Hassan Fitaihi and Company until July 2008
Principal Activities
Design and manufacture of gold and jewelry products; distribution of watches, clothing, textiles, perfumes, cosmetics and beauty care products, tableware, crystals, watches, antiques, gifts and accessories; ownership, operation and management of hospitals and medical centers; ownership and operation of retail outlets.
Date of Establishment Year
1992 (February)
No of Employees
460 (N/A Company, 460 Group, N/A Headquarters) (As of May 19, 2011)
|
Acquistion
Status
Complete
Acquirer
Target
Announcement Date
14 Apr 2008
Closing Date
14 Apr 2008
|
Major Shareholders  |
Section Updated: 13Sep11
|
|
|
|
|
|
|
Ahmad Hassan Ahmad Fitaihi
|
Private |
Saudi Arabia |
23.10% |
|
Public
|
|
- |
76.90% |
Foreign Ownership Limits
Section Updated: 29Dec09
100%
GCC Nationals
49%
Foreigners
|
Direct Investments and Related Entities  |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Marina B |
Switzerland |
100.00% |
| Marina B Creation |
Liechtenstein |
100.00% |
| Medmac Gulf Real Estate Investment Company |
Saudi Arabia |
100.00% |
| Saduk Global Investments Holding |
Saudi Arabia |
100.00% |
| Luxury Goods Trade Company |
Saudi Arabia |
80.00% |
|
| Investments |
|
|
|
|
| International Medical Center [IMC] |
Saudi Arabia |
19.26% |
| Dar Al Fouad Hospital |
Egypt |
5.73% |
| Americain Residential Comunities |
United States |
- |
|
Auditors
| Dr Fahed Zakaria and Yehya Salameh |
|
Banks
| Riyad Bank |
SABB |
| National Commercial Bank |
|
Law Firms
| Tarek Al Ibrahim Law Office |
|
| Financial Results |
31-Dec-10 |
31-Dec-11 |
Yr on Yr |
| |
SAR'000 |
SAR'000 |
change (%) |
Total revenues  |
166,161
|
206,817
|
24.47 |
Net profit  |
21,752
|
(46,266)
|
(312.70) |
| Total assets |
702,210
|
685,796
|
(2.34) |
| Paid-up capital |
500,000
|
500,000
|
0.00 |
| Shareholders' Equity |
658,819
|
635,057
|
(3.61) |
| Shares outstanding |
50,000
|
50,000
|
0.00 |
| Market capitalization |
615,000
|
680,000
|
10.57 |
| » View Full Financials |
|