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The company manages and develops real estate projects.
Overview
Sumou Real Estate Co. was established in 2007 as a limited liability company, with capital of SAR 500,000. The company’s core activities include executing and managing real estate development and investment projects in Saudi Arabia, including shopping malls, residential complexes, housing units, as well as infrastructure for industrial and commercial facilities, economic cities, and free zones.
Basic Information
City: | Khobar |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 2007 |
Commercial Register: | 2051034841 |
Website: | www.sumou.com.sa |
m.shafei@sumou.com.sa | |
Phone | +966 13 887 8888 |
Fax | +966 13 887 8080 |
Address | 7th Floor - Sumou Tower - Prince Turki bin Mohammed Street - Al Khobar 31952 |
PO Box | 250 |
Argaam Classification
Industry Peers
Saudi Real Estate Co. |
Dar Alarkan Real Estate Development Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 13.84 |
Free Float % : | 36.90 |
Weight in Index % : | 0.03 |
3M Average Volume : | 403,289 |
3M Average Transactions : | 1,418 |
Change(12M) % : | 15.56 |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Al Mahafel Trading and Contracting | Saudi Arabia | 80.00 % |
Al Dhahia western | Saudi Arabia | 25.00 % |
Investments
Company | Percentage |
---|---|
Tanal for real estate investment and development | 10.00 % |
Milestones
11-05-2020
16-10-2017
The company's capital increased to SAR 250 million from SAR 150 Million by capitalizing retained earnings
19-01-2010
The company was converted into a closed joint stock company with a capital of SAR 150 million through capitalizing retained earnings.
18-06-2007
The company was set up as a limited liability company with a capital of SAR 500,000
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