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SAVOLA - Savola Group   Discuss Recommendations
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Savola Group (SAVOLA) 
Stock Market Saudi Stock Exchange
Official Sector Agriculture & Food Industries (14)
Market Cap Size Med-Cap (26)
GulfBase Sector Consumer Staple (69)
 

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Overview
Establishment Date: 10/01/1979
Paid-Up Capital (SAR): 5,000,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 16267
Major Shareholders
Mohammad I. M. Al Issa 11.90%
General Organization for Social Insurance (GOSI) 10.30%
Abdullah M. A. Al Rabeia 8.70%
Abdulqader Al Muhaidib & Sons Co. 8.40%
Activity
The Savola Group is one of the leading industrial companies in Saudi Arabia, with a wide portfolio of businesses including edible oils, sugar, noodles/pasta, and packaging, in addition to real estate and franchising. Savola has a strong presence in the Middle East and North Africa (MENA) region and Central Asian countries. The Savola Group’s operating businesses are divided into two core sectors, these are “Savola Foods Sector”, including edible oils, foods and sugar and “Savola Retail Sector”, including retail (Panda – the largest retail food chain in the Middle East), real estate (Modern Marafiq) and Savola Plastics. In addition to this, Savola also has a franchising unit which has exclusive rights in Saudi Arabia for many internationally renowned brands of fashion wears from different countries.
Subsidiaries, Associates & Joint Ventures
Company
Adeem Arabia Co. Ltd
Afia International Trading Co.
Afia Arabia Food Co.
Afia International - Algeria
Al Atar Packaging Materials Co. Ltd
Al Batool Trading International Co. Ltd.
Al Maoun International Holding Co.
Al Matoun International for Real Estate Investment Holding Co.
Al-Azizia Panda United Co.
Arabian Sadouk for Telecommunication Co.
more details

Corporate Announcements Company News
Cash dividend announced for the 3rd Qtr of the year 2009, SR 0.25 per share. 18/10/2009
Net profit announced for the 9 months ended 30/9/2009, SAR 683.00 million, an increase of 2.5%.18/10/2009
Cash dividend announced for the 1st half of the year 2009, SR 0.25 per share. 18/07/2009
Net profit announced for the 1st Half of the year 2009, SR 405.1 million, a decrease of 20%. 18/07/2009
Cash dividend (SR 0.25 per share) announced for the 1st Qtr of the year 2009. 11/04/2009
more...
Saudi Savola makes first grains foray with pasta  (Reuters - 18/11/2009)
Savola sugar units sales rising by 41.5%   (Reuters - 26/10/2009)
Savola, Tate and Lyle reach stake sale deal   (Reuters - 25/10/2009)
Savola in talks to buy Tate & Lyle stakes   (Agencies - 22/10/2009)
Savola to buy Tate & Lyle stakes in Egypt, Saudi   (Reuters - 20/10/2009)
more...

Key People Contacts
Chairman: Eng. Adel M. Fakeeh
General Manager: Mahmood M. Abdul Ghaffar
Managing Director: Dr. Sami M. Baroom
Board Members: Abdulaziz K. Al Ghufaili
Ammar A. Al Khudairi
Mohammad A. Al Fadl
Talal I. Al Maiman
Dr. Abdullah M. Talmasani
Ibrahim M. Al Essa
Mousa O. Al Omran
Ghassan A. Al Sulaiman
Yousuf M. Alireda
Auditors: KPMG Al Fawzan & Al Sadhan
E-mail Address: irweb@savola.com
Website: http://www.savola.com
Postal Address: P.O. Box 14455, Jeddah 21424
Phone: +966 2 657 3333
Fax: +966 2 648 4119
Telex: 607264 SAVOLA
 
TASI-Agriculture & Food Industries Index
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