Tadawul's major shareholders, who own 5 percent or more in any listed company, showed a sell-off tendency in 2017, with 45 major shareholders reducing their ownership and 17 cutting holdings to below 5 percent, while 25 only increased their stakes, a study conducted by Argaam showed.

 

Saudi British Bank (SABB) increased its shareholding in SABB Takaful by 32.5 percent, by acquiring HSBC’s stake in the company. BUPA Investments Overseas Co. boosted its holding into Bupa Arabia for Cooperative Insurance by 8 percent to 34.25 percent.

 

On the other side, Al Khodari Sons Investment Holding Co. reduced its exposure to Abdullah A. M. Al-Khodari Sons Co. by to 13.89 percent from 55.85 percent. HSBC Asia Holdings exited major shareholders’ list by reducing its stake into SABB Takaful from 31 percent to below 5 percent.

 

On Nomu Parallel Market, Fahd Abdullah Al-Benyan raised stake in Al Kathiri Holding Co. to 6.89 percent from 4.88 percent.

 

Major shareholders increasing ownership in 2017

Company

Investor

Number of shares

Change

2016

2017

SABB Takaful

SABB

11.1 mln shares

Purchase of HSBC’s entire stake in SABB Takaful

+32.5%

32.50%

65.00%

Bupa Arabia

Bupa Investment Overseas Ltd.

6.4 mln shares

+8.00%

26.25%

34.25%

Enaya

Daman

1.0 mln shares

+5.00%

5.00%

10.00%

Aseer

Dallah Albaraka Holding

4.1 mln shares

+3.26%

49.92%

53.18%

SPIMACO

Ameen Mohammed Shaker

1.4 mln shares

+1.16%

11.33%

12.49%

Mobily

Etisalat UAE

4.2 mln shares

+0.54%

27.45%

27.99%

Al Jouf Agriculture

Riadh Al Humaidan

75,000 shares

+0.25%

14.01%

14.26%

Taiba

Mohammed Saleh Sayrafi

330,000 shares

+0.22%

15.25%

15.47%

Batic

Family Investment

50,400 shares

+0.21%

14.72%

14.93%

SAFCO

GOSI

166,700 shares

+0.04%

12.20%

12.24%

Batic

Asas Universal

7,200 shares

+0.03%

20.40%

20.43%

Savola

GOSI

160,200 shares

+0.03%

10.23%

10.26%

YANSAB

112,500 shares

+0.02%

11.92%

11.94%

Jarir

Abdullah Al Agil

9,000 shares

+0.01%

8.60%

8.61%

Savola

Al Muhaidib Group

53,400 shares

+0.01%

8.21%

8.22%

Jabal Omar

Makkah Construction

92,900 shares

+0.01%

10.30%

10.31%

Al Jouf Agriculture

Fitaihi Holding

3,000 shares

+0.01%

14.00%

14.01%

 

Following is a list of new owners who joined the Major Shareholders List in 2017 by acquiring stakes of 5 percent or more in any listed company.

 

New owners joining major shareholders list in 2017

Company

Owner

2016

2017

Almarai

PIF

163.2 mln shares

0.00%

16.32%

BSF

Kingdom Holding

Less than 5%

16.19%

Buruj

Yasser Naghi

Less than 5%

11.50%

Catering

Al Hokair Group

7.1 mln shares

0.00%

8.67 %

Zoujaj

Zamil

Less than 5%

8.00 %

Astra

ALWATANIEH FINANCIAL/ SWAP agreement

Less than 5%

5.62 %

Makkah Construction

Abdul Rahman Faqih Co.

Less than 5%

5.32 %

Al Sorayai

Hamdan Al Sorayai

Less than 5%

5.10 %

 

Following is a list of major shareholders who reduced their ownership in 2017.

 

Major shareholders reducing ownership in 2017

Company

Investor

2016

2017

Change

Al Khodari

Al Khodari

23.4 mln share

(41.96%)

55.85 %

13.89 %

BSF

Credit Agricole Corporate & Investment

195.3 mln shares

(16.20%)

31.11 %

14.91 %

Catering

Strategic Supply Ltd.

11.3 mln shares

(13.79%)

23.10 %

9.31 %

Al Ahli Takaful

FWU Co.

856,700

(5.14%)

13.12 %

7.98 %

Budget

Zahid Group

3.4 mn shares

(4.73%)

24.93 %

20.20 %

Saudi Cement

GOSI

5.8 mln shares

(3.76%)

8.98 %

5.22 %

SAIB

Saudi Oger

21.1 mln shares

(2.80%)

8.58 %

5.77 %

SACO

Samir Al Hameedi

592,8 00 shares

(2.47%)

8.09 %

5.62 %

Al Ahli Takaful

VHV Co.

410,000 shares

(2.46%)

7.49 %

5.03 %

Al Tayyar

Nasser Al Tayyar

4.3 mln shares

(2.05%)

13.90 %

11.85 %

Almarai

Savola

16.0 mln shares

(2.00%)

36.52 %

34.52 %

Zoujaj

Riadh Al Humaidan

631,700 shares

(1.92%)

27.26 %

25.34 %

SACO

Khaled Al Hameedi

400,800 shares

(1.67%)

8.10 %

6.43 %

Tasnee

Al Shair Trade, Industry and Contracting Co.

8.2 mln shares

(1.23%)

7.04 %

5.81 %

Najran Cement

Khalid Al Barrak

2 mln shares

(1.17%)

13.04 %

11.87 %

Makkah Construction

Bin Laden Group Ltd.

1.7 mln shares

(1.03%)

10.94 %

9.91 %

Alandalus Properties

RTCC

378,800

(0.54%)

6.91 %

6.37 %

Jabal Omar

Jabal Omar Founders

4.9 mn shares

(0.53%)

15.72 %

15.19 %

MEPCO

Abduah Al Moammar

250,000 shares

(0.50%)

10.00 %

9.50 %

Tasnee

Gulf Investment Corporation

1.3 mln shares

(0.19%)

5.77 %

5.58 %

Red Sea

Ameen Mohammed Shaker

114,000 shares

(0.19%)

7.40 %

7.21 %

Northern Cement

PKI

180,000 shares

(0.10%)

11.83 %

11.73 %

L’Azurde

L’Azurde Holding

17,200 shares

(0.04%)

69.99 %

69.95 %

Alawwal

Al Olayan Investment Ltd.

342,900 shares

(0.03%)

21.76 %

21.73 %

SABB

Al Olayan Investment Ltd.

450,000 shares

(0.03%)

16.98 %

16.95 %

Fitaihi

Ahmed Hasan Fitaihi

16,500 shares

(0.03%)

28.99 %

28.96 %

Jabal Omar

GOSI

185,900 shares

(0.02%)

9.04 %

9.02 %

Tabuk Agricuture

Khalid Al Shathry

4,500 shares

(0.01%)

11.44 %

11.43 %

 

The following shareholders quitted the Major Shareholders List in 2017.

 

Shareholders quitting Major Shareholders List

Company

Owner

2016

2017

SABB Takaful

HSBC Asia Holding

31.00 %

Less than 5%

Al Rajhi

ASRHC

14.79 %

Less than 5%

Bupa Arabia

ASAS Healthcare

8.25 %

Less than 5%

Yanbu Cement

ASRHC

7.93 %

Less than 5%

Al Ahsa

Khalid Al Shathry

7.70 %

Less than 5%

Budget

Mohammed Zahid

7.50 %

Less than 5%

Alandalus Properties

Al Romaizan Jewelery Co.

6.91 %

Less than 5%

Alujain

Safra Co.

6.89 %

Less than 5%

NADEC

ASRHC

6.55 %

Less than 5%

City Cement

Prince Mishaal bin Abdulaziz

6.36 %

Less than 5%

Hail Cement

Al Mal Capital

6.12 %

Less than 5%

Arabian Cement

Al Muhaidib Group

5.79 %

Less than 5%

SIPCHEM

Al Olayan Financing

5.16 %

Less than 5%

Tasnee

Ikarus Industries

5.05 %

Less than 5%

Buruj

Batterjee Group

5.00 %

Less than 5%

Alinma Tokio Marine

SABIC Industrial Investment

5.00 %

Less than 5%

Saudi Establishment for Trading & Distribution

5.00 %

Less than 5%

 

Following are the major changes in Nomu Parallel Market throughout the year.

 

Nomu’s Major Ownership Changes in 2017

Company

Investor

First day stake

2017

Change

Al Kathiri

Fahd Al Bonayan

63,100 shares

+2.01%

4.88 %

4.88 %

Abo Moati

Saad Abo Moati

54,400 shares

+0.34%

14.77 %

14.77 %

Arab Sea

Mohammed Al Suhaibani

14,000 shares

+0.14%

37.77 %

37.77 %

Baazeem

Salem Baazeem

13,200 shares

+0.13%

39.53 %

39.53 %

Food Development

Abdulaziz Al Omari

4.99 %

Less than 5%

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