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30/05/2013 09:10 AST
Pursuant to our earlier disclosure, our Directors are pleased to inform you that Al Fajar Al Alamia Co SAOG has successfully completed the acquisition of 99% of share capital of Al Musdaq Modern Trading LLC with 1% being held by the Chairman Mr Saleem Al Zawawi (on behalf of Al Fajar Al Alamia SAOG), with effect from 1st Jan 2013, as per the Share Purchase Agreement dated 29 May 2013. The total value of the acquisition was RO 2,700,000 (two million and seven hundred thousand Rials Oman).
In this regard, we would like to confirm that the financials of Al Musdaq Modern Trading LLC for the period 1st Jan 2013 to 30th June 2013 will be consolidated and reflected in the consolidated accounts of Al Fajar Al Alamia Co SAOG as of 30th June 2013.
Our Directors are pleased to inform you that there will be a positive impact on Al Fajar Al Alamia SAOG financials as a result of the above consolidation.
Press Release
23/12/2013
This is to inform our esteemed Shareholders and Investors that Al Fajar Group has been awarded the following sub contract works
"Drilling and Blasting works at Construction of Wadi Miah
Press Release
29/10/2013
Award of sub contract work Order for "Drilling and Blasting works at Batinah Expressway Package 3" RO. 2.115 Million
This is to inform our esteemed Shareholders and Investors that Techni
Press Release
07/02/2013
Your Board of Directors are pleased to disclose that Al Fajar Al Alamia Co SAOG, is in the advanced stages of negotiations for a possible takeover, which will significantly enhance its business prosp
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.90 | -0.38 (-3.37 |
| IQCD | 13.22 | -0.03 (-0.23 |
| ADNOCLS | 4.95 | -0.11 (-2.18 |
| ADPORTS | 4.26 | -0.12 (-2.74 |
| NMDC | 24.50 | 0.16 (0.65 |
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Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia