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
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 25.30 0.00 (0.00%)
DARALARKAN 18.40 1.28 (7.47%)
MCDC 109.40 0.60 (0.55%)
EMAAREC 15.08 -0.48 (-3.09%)
TAIBA 48.55 -1.15 (-2.32%)
Doha Bank announces exclusive benefits for NRIs on Visa Platinum Debit Card

10/03/2025

Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit

The Peninsula

Saudi Awwal Banks becomes first bank in Saudi Arabia to win Sustainability Program Award 2024 at Capital Markets Forum

10/03/2025

Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).

This achievement make

Saudi Gazette

Saudi Aramco cuts crude oil prices for Asia

10/03/2025

Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+

Arab News

UDC enters Guinness World Records with three new global achievements on Gewan and The Pearl Islands

09/03/2025

United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema

The Peninsula

Talabat Kuwait denies security breach, says data safe

07/03/2025

Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.

In an official statement, Bader Al-Ghan

Trade Arabia