REGARDING THE INVITATION FOR THE ORDINARY GENERAL ASSEMBLY MEETING.

09/03/2015 10:06 AST

Reference to announcement of Red Sea Housing Services Company on 08-03-2015 corresponding to 17-05-1436 in regards to the invitation for the Ordinary General Assembly Meeting, which will be held on 20-04-2015 corresponding to 01-07-1436, where the following was mentioned as an item of the Agenda:

10- Approve the concluded agreement with Mr. Saleh Mohammed Binladen in the amount of SAR 883,390.95 annually against the partial lease of a property in Rabigh for 3 years, which expires in 2015 to construct a labor camp for GS Engineering Company, in which Mr. Saleh Binladen is considered a Related Party.

While the correct is:

10- Approve the concluded agreement with Mr. Saleh Mohammed Binladen in the amount of SAR 883,390.95 annually against the partial lease of a property in Rabigh for 3 years starting from 2013 to construct a labor camp for GS Engineering Company, in which Mr. Saleh Binladen is considered a Related Party. There are no special terms for this agreement.


Tadawul

Red Sea Housing appoints new CFO

12/04/2015

Red Sea Housing Services Company (RSHS) has announced the appointment of Prabhakar Kesavan as its new Chief Financial Officer (CFO). In his new role, Kesavan will oversee the finance, accounting, tax

Saudi Gazette

Saudi RSH partners with Brazilian developer

12/03/2015

Saudi Arabia-based Red Sea Housing Services Company (RSH) said it has reached a strategic alliance with Direcional Engenharia, a Brazilian developer, to provide affordable housing solutions for the k

Trade Arabia

Red Sea Housing net profit rises 23.13% to SR40.78m in Q2

19/08/2014

Red Sea Housing Services Co. (RSH) has posted outstanding performance for the first half of 2014, revealing operating income of SR41.59 million, a growth of 17.69 percent compared to the same period

Arab News

Ticker Price Volume
OSOS 97.50 35,491
IHGS 4.20 344,581
EMSTEEL 1.28 1,919,247
AJWAN 0.00 0
SALAMA 23.86 156,578
TAKAFULEM 0.54 2,171,152
AME 77.00 2,210
REDSEA Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
JABALOMAR 23.00 -0.18 (-0.78%)
MCDC 120.20 1.40 (1.17%)
DARALARKAN 14.98 0.02 (0.13%)
TAIBA 47.05 0.30 (0.64%)
EMAAREC 8.88 -0.08 (-0.90%)
Aldar raises $2.45bn in sustainability-linked credit facility

13/01/2025

Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international

The National

Ooredoo board announces appointment of Sheikh Nasser bin Hamad al-Thani as Ooredoo Kuwait chairman

12/01/2025

Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.

Most recently, Sheikh Nasser was appointed as Group Regional CEO for th

GWC plans to further strengthen presence in key regional markets

11/01/2025

One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos

Gulf Times

Almarai successfully deploys SAP solutions to power strategic expansion

11/01/2025

Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m

Saudi Gazette

Elm enhances brand identity by introducing 'Human, Ambition and Technology' elements

05/01/2025

Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro