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View United Real Estate Development Co.
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- Nomu - Parallel Market
- Real Estate Mgmt & Dev't
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Prev. Close 77.00
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No. Of Trades0
Avg. Trade size* N/A
Volume Traded0
Value Traded 0.00
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- **52 Week Price Change = (Current Price - Price year ago) / Price year ago x 100
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Price
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% Change
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Volume Traded
Best Bid
Price 75.00
Volume 46
Best Offer
Price 77.00
Volume 600
52 WEEK
High
87.00
2024/01/24
Low
60.00
2023/12/18
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Announcements
View United Real Estate Development Co. announces its Interim Financial results for the period ending on 2024-06-30 ( Six Months )
9591
VIEW0.0 %
1446/02/0913/08/2024 09:33:10
View United Real Estate Development Company announces the results of the (Extraordinary) General Assembly Meeting (First Meeting)
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1445/12/2026/06/2024 08:04:17
View United Real Estate Development Company invites its shareholders to attend the Extraordinary General Assembly Meeting (First Meeting) by means of modern technology
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1445/11/1927/05/2024 08:10:41
View United Real Estate Development Company announces the signing of a memorandum of understanding with Zamil Group Real Estate Company in the field of real estate investment and development
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1445/11/1220/05/2024 08:02:17
View United Real Estate Development Company announces the recommendation of the Board of Directors to distribute cash dividends to shareholders for the fiscal year 2023
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1445/10/1625/04/2024 07:24:23
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Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 25/04/2024 | N/A | N/A | Account Transfer | 3.00 |
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CompanyProfileNomuv2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Semi-Annual
| Balance Sheet | 2023-12-31 | |||
|---|---|---|---|---|
| Total Assets | 81,644 | - | - | - |
| Total Liabilities | 15,607 | - | - | - |
| Total Shareholders Equity (After Deducting the Minority Equity) | 66,037 | - | - | - |
| Total Liabilities and Shareholders Equity | 81,644 | - | - | - |
| Statement of Income | 2023-12-31 | |||
| Total Revenue (Sales/Operating) | 90,716 | - | - | - |
| Net Profit (Loss) before Zakat and Tax | 19,443 | - | - | - |
| Zakat and Income Tax | -1,227 | - | - | - |
| Net Profit (Loss) after Zakat and Tax | 18,215 | - | - | - |
| Total Comprehensive Income | 18,544 | - | - | - |
| Profit (Loss) per Share | 5.72 | - | - | - |
| Cash Flows | 2023-12-31 | |||
| Net Cash From Operating Activities | 11,074 | - | - | - |
| Net Cash From Investing Activities | 13,938 | - | - | - |
| Net Cash From Financing Activities | 6,379 | - | - | - |
| Cash and Cash Equivalents, Beginning of the Period | 2,146 | - | - | - |
| Cash and Cash Equivalents, End of the Period | 33,943 | - | - | - |
| All Figures in | Thousands | |||
| All Currency In | SAR | |||
| Last Update Date | 2024-03-28 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
| Balance Sheet | 2024-06-30 | |||
|---|---|---|---|---|
| Total Assets | 111,044 | - | - | - |
| Total Liabilities | 50,658 | - | - | - |
| Total Shareholders Equity (After Deducting the Minority Equity) | 60,386 | - | - | - |
| Total Liabilities and Shareholders Equity | 111,044 | - | - | - |
| Statement of Income | 2024-06-30 | |||
| Total Revenue (Sales/Operating) | 30,402 | - | - | - |
| Net Profit (Loss) before Zakat and Tax | 4,666 | - | - | - |
| Zakat and Income Tax | -369 | - | - | - |
| Net Profit (Loss) after Zakat and Tax | 4,297 | - | - | - |
| Total Comprehensive Income | 4,249 | - | - | - |
| Profit (Loss) per Share | 1.3 | - | - | - |
| Cash Flows | 2024-06-30 | |||
| Net Cash From Operating Activities | -32,705 | - | - | - |
| Net Cash From Investing Activities | - | - | - | - |
| Net Cash From Financing Activities | 33,046 | - | - | - |
| Cash and Cash Equivalents, Beginning of the Period | 33,944 | - | - | - |
| Cash and Cash Equivalents, End of the Period | 34,285 | - | - | - |
| All Figures in | Thousands | |||
| All Currency In | SAR | |||
| Last Update Date | 2024-08-13 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
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Company Profile
Company overview
The company carries out its activities under Commercial Registration No (1010310830) dated 07/13/1432 AH (corresponding to 06/15/2011 AD) issued in the city of Riyadh The companies activities as in its commercial register are as follows General construction of residential buildings General construction of non residential buildings such as schools hospitals hotels etc Restorations of residential and non residential buildings Buying and selling land and real estate dividing it and off plan sales activities Management and leasing of owned or rented properties (residential) Management and leasing of owned or rented properties (non residential) The companies objectives as stated in its articles of association are as follows Agriculture and fishing Mines petroleum and its branches The manufacturing industry and its branches according to industrial licenses Electricity gas water and its branches Construction and building Trade Transportation storage and refrigeration Financial business and other services Social group and personal services Information purification Security and safety Purchasing lands to construct buildings on them, investing these buildings by selling or renting for the benefit of the company managing maintaining and developing the property purchasing and owning properties for the benefit of the company and selling purchasing and exploiting real estate and lands for the benefit of the company The current actual activity of the company View United Real Estate Development Company is developing real estate units and villas for the company and others and leasing residential and commercial properties. The company has obtained a real estate developer qualification certificate from the Developer Services Center (Etmam) for passing the qualification standards approved by No. (2140253163) and dated 10/ 06/1442 AH (corresponding to 01/23/2021) The company also obtained a real estate developer qualification certificate from the Off Plan Sale or Leasing Committee by Committee Resolution No (397) dated 03/18/1442 AH (corresponding to 11/04/2020) and a membership certificate Contractor issued by the Saudi Contractors Authority with membership number (196419648)
Company History
United Development Company was established as a limited liability company under the name of Building and Housing Company under Commercial Registration No (1010310830) dated 07/13/1432 AH (corresponding to 06/15/2011) issued in the city of Riyadh with a capital of one hundred thousand (100000) SAR divided into one hundred (100) cash shares of equal value and the value of each share was one thousand (1000) SAR View United Development Company was established as a limited liability company under the name of Building and Housing Company under Commercial Registration No (1010310830) dated 07/13/1432 AH (corresponding to 06/15/2011) issued in the city of Riyadh with a capital of one hundred thousand (100000) SAR divided into one hundred (100) cash shares of equal value and the value of each share was one thousand (1000) SAR On 11/23/1443 AH (corresponding to 06/22/2022) the partners decided to change the name of the company from Building and Housing Company to View United Real Estate Development Company On 09/14/1444 AH (corresponding to 04/10/2023) the partners decision was issued approving the transformation of the company from a limited liability company into a closed joint stock company with its rights and obligations and the increase of its capital (100000) SAR to thirty million (30000000) SAR divided into three million (3000000) ordinary shares with a nominal value of ten (10) Saudi riyals per share fully paid This increase was compensated by transferring an amount of eight million (8000000) SAR from the Due to related parties the amount is twenty one million nine hundred One thousand (21900000) SAR from the retained earnings to the capital account according to the certificate of the supervising auditor on the date of 09/05/1444 AH (corresponding to 03/27/2023) On 10/20/1444 AH (corresponding to 05/10/2023) the extraordinary assembly approved (1) an increase in the companies capital from thirty million (30000000) Saudi riyals divided into three million (3000000) ordinary shares with a value of (10) each share Saudi riyals fully paid up to thirty three million (33000000) Saudi riyals divided into three million and three hundred (3300000) ordinary shares the value of each share being (10) Saudi riyals fully paid up To thirty three million (33000000) SAR divided into three million and one hundred (3300000) ordinary shares the value of each share being (10) SAR its value paid in full through the issuance of three hundred thousand (300000(ordinary shares at a rate of (%9.09) of the companies total capital after the offering
Company Bylaws
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Equity Profile
- Authorized Capital (SAR) 33,000,000
- Issued Shares 3,300,000
- Paid Up Capital (SAR)33,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2023-12-12
Investment limits
There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on Company's bylaw and the issued Instructions by related regulators and supervisory authorities
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Date Established
2011/06/15
Financial Year End
31/12
Listing Date
2023/12/13
External Auditors
[Ibrahim Ahmed Albassam]
ISIN CODE
SA15TH34LRH3
Number of Employees
49
Chairman
Ahmed Bejad Alharbi
Non - ExecutiveAhmed Bejad Alharbi
Bd Session Start
2023-04-10
Designation
Chairman
Bd Session End
2026-03-08
Classification
Non - Executive
Qualification
- He obtained a bachelors degree in university administrative affairs in the United Arab Emirates in 2005
Board of Directors
mohamed ibrahim aldawood Deputy Chairman - Non Executive
mohamed ibrahim aldawood
Bd Session Start
2023-04-10
Designation
Board of Directors
Bd Session End
2026-03-08
Classification
Deputy Chairman - Non Executive
Qualification
He obtained a bachelors degree in Arabic language from Imam Muhammad bin Saud Islamic University in the Kingdom of Saudi Arabia in 1996
Lawi Hussain Executive
Lawi Hussain
Bd Session Start
2023-04-10
Designation
Board of Directors
Bd Session End
2026-03-08
Classification
Executive
zaher alhajaj Non - Executive
zaher alhajaj
Bd Session Start
2023-04-10
Designation
Board of Directors
Bd Session End
2026-03-08
Classification
Non - Executive
mohamed albassam Non - Executive
mohamed albassam
Bd Session Start
2023-04-10
Designation
Board of Directors
Bd Session End
2026-03-08
Classification
Non - Executive
Senior Executives
Lawi Hussain CEO
Lawi Hussain
Bd Session Start
2023-04-22
Designation
Senior Executives
Bd Session End
-
Classification
CEO
Awad Mahmoud CFO
Awad Mahmoud
Bd Session Start
2021-01-01
Designation
Senior Executives
Bd Session End
-
Classification
CFO
Investor Relations
Contact Name:
Lawi Hussain
Company Address:
anas ibn malik Al Yasmeen Dist. Riyadh
Contact Details:
Telephone: 00966920033504
Fax: 00966920033504
Email: ir@view.sa
Company Website:
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The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
