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Saturday, Nov 21, 2009 Arabic
SABBTKFL - SABB Takaful Co.   Discuss
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SABB Takaful Co. (SABBTKFL) 
Stock Market Saudi Stock Exchange
Official Sector Insurance (25)
Market Cap Size Small-Cap (40)
GulfBase Sector Insurance (77)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 15/05/2007
Paid-Up Capital (SAR): 340,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 27
Major Shareholders
SABB 32.50%
HSBC Asia Holding Co. 31.00%
Activity
The company intends to provide a vast range of family and general takaful products, which includes takaful for education, savings, retirement, and takaful for home protection, traveling, and personal accidents.

Corporate Announcements Company News
Net loss announced for the 9 months ending on 30/9/2009, SAR 13.44 million, compared to a loss of SAR 49.23 million for the same period last year. 21/10/2009
Capital increase approved from SR 100 million to SR 340 million, through right issue @ SR 12.5 per share.09/08/2009
Net loss announced for the 1st Half of the year 2009, SR 10.77 million, compare to loss of SR 5.29 million for the same period last year. 20/07/2009
CMA approval to capital increase through a rights issue offering with a total value of SR 300 million.28/06/2009
Net loss announced for the 1st Quarter of the year 2009, SR 5.70 million, compared to a loss of SR 4.50 million for the same period last year.21/04/2009
more...
SABB Takaful appoints new CEO  (AME Info - 29/09/2009)
Sabb Takaful raises $92m in rights issue   (Trade Arabia - 01/09/2009)
SABB Takaful announces the last day of the offer period  (AME Info - 26/08/2009)
SABB Takaful shareholders approve rights issue  (AME Info - 11/08/2009)
SABB Takaful gets go ahead for rights issue  (CPIFINANCIAL - 29/06/2009)
more...

Key People Contacts
Chairman: Dr. Yazeed A. Al Ohali
Managing Director: David R. Hunt
CEO: Philip Heed
Board Members: Abdulhadi A. Shayef
Adel M. Al Naser
Dr. Faisal H. Al Saqeer
John E. Coverdale
Mansour A. Al Basili
Mohammad A. Al Mulla
Nabeel A. Shaeeb
Fuad A. Bahrawi
Auditors: KPMG Al Fowzan & Al Sadhan
Ernst & Young
E-mail Address: companysecretary@sabbtakaful.com
Website: http://www.sabbtakaful.com
Postal Address: P.O. Box 9086 Riyadh 11413
Street Address: Prince Abdulaziz Bin Musaed Street
Phone: +9661 2764400
Fax: +9661 2764463
 
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