Abdulmohsen Al Hokair Group for Tourism and Development Company announces the opening of an Indoor Entertainment Center in Riyadh

Abdulmohsen Al Hokair Group announces the opening of an Indoor Entertainment Center, under the name of Sparkys at Al Hamra Mall Complex in Riyadh on 2016/10/11 in Riyadh, Saudi Arabia. It is worth mentioning that the total area of the site is 2315m2 and the financial impact of this center will be reflected on the companys business results for Q4, 2016.

READ MORE...

Abdulmohsen Al Hokair Group for Tourism and Development Company announces the reopening of Novotel Hotel Yanbu

Abdulmohsen Al Hokair Group announces the re-opening of Novotel Hotel Yanbu after completion of full renovation for the hotel on 1438/01/10, corresponding to 2016/10/11 in Yanbu, Saudi Arabia. The Hotel is located Yanbu - Corniche and it consists of (100) rooms, Banquet Halls, a restaurant and health club plus swimming pool. The financial impact of the hotel will be reflected on the company's business results for Q4, 2016.

READ MORE...

Abdulmohsen Al Hokair Group for Tourism and Development Company announces the method and date of dividend payment for first half of 2016

Pursuant to the announcement published in Tadawul on 28-07-2016 with regard to the cash dividends of the first half of 2016 amounting to SR 0.65 per share. The Board of Directors of Al Hokair Group is pleased to announce that the cash dividends will be paid starting from Wednesday, 05-10-2016 by the Saudi British Bank (SABB) and the dividend payment will be deposited directly at the shareholders bank accounts linked to their investment portfolios. Noting that the en ...

READ MORE...

Abdulmohsen Al Hokair Group for Tourism and Development Company announces its progress on the transition to International Financial Reporting Standards IFRS First Phase

Based on the resolution issued by the Board of Commissioners of CMA in regards to the disclosure of the company transition progress to International Financial Reporting Standards (IFRS), Abdulmohsen Al Hokair Group for Tourism and Development Company announces (Phase I) of the action plan for the implementation of IFRS as follows: 1- The IFRS transition plan has been prepared by the Company whereby the targeted date to approve the new accounting policies is 30-11-20 ...

READ MORE...

Abdulmohsen Alhokair Group for Tourism and Development announces the distribution of cash dividends for the period of First Half 2016

The Board of Directors of Abdulmohsen Alhokair Group for Tourism and Development has approved the distribution of dividend to the shareholders for the period First Half 2016 as following:1.Total amount of distribution of dividend SAR 35,750,0002.Dividend per share SAR 0.653.Dividend represent 6.5% of the Face value.4.The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center (Tadawul) on 11-08-20165.Det ...

READ MORE...

Abdulmohsen Alhokair Group for Tourism and Development announces the interim financial results for the period ending on 30-06-2016 (Six Months)

ELEMENTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR% CHANGE CURRENTPREVIOUS QUARTER% CHANGE PREVIOUSNet profit (loss)18.843.1-56.3850.2-62.55Gross profit (loss)82.997.9-15.32106.6-22.23Operational profit (loss)14.335.2-59.3846.4-69.18All figures are in (Millions) Saudi Arabia, Riyals  ELEMENTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR% CHANGENet profit (loss)69100.7-31.48Gross profit (loss)189.5211.4-10.36Operational profit (loss)60.790.5-32.93Earni ...

READ MORE...

Abdulmohsen Al Hokair Group for Tourism and Development Company announces the completion of the opening of Al Hokair complex for sports and entertainment in Rabwah District in Riyadh

Abdulmohsen Al Hokair Group for Tourism and Development Company is pleased to announce to its valued shareholders about the completion of the opening of Al Hokair complex for sports and entertainment on 26/05/2016 in Rabwah District in Riyadh, a total area of 21,340 square meters which includes three entertainment centers Sparkys, Snowey Forest and Sky Zone, in addition to the rental of commercial shops and restaurants with global brands. It is worth noting that the ...

READ MORE...

Addendum announcement from Abdulmohsen Alhokair Group for Tourism and Development related to inviting the Companys shareholders to attend the Ordinary General Assembly Meeting

Further to the companys announcement on the Saudi stock exchanges website (Tadawul) on 13-07-1437H corresponding to 20-04-2016G for inviting the Companys shareholders to attend the Ordinary General Assembly Meeting which would be held today, Sunday 15/08/1437H corresponding to 22-05 -2016G in Riyadh - Hilton Double Tree Hotel - Business Gate, the Board of Directors of Abdul Mohsen Al Hokair Group for Tourism and Development would like to inform the shareholders that ...

READ MORE...

ABDULMOHSEN AL HOKAIR GROUP FOR TOURISM AND DEVELOPMENT COMPANY ANNOUNCES THE OPENING OF TWO NEW INDOOR ENTERTAINMENT CENTERS

Abdulmohsen Al Hokair Group for Tourism and Development Company announces the opening of a new Indoor Entertainment Center Sparkys on 03/04/2016 in LuLu Trading Centre in Dammam, Saudi Arabia. It is noteworthy to mention that the total area of the new site is 450m2, and the relevant financial impact of this project will be reflected in the second quarter of this year 2016.The Company also announces the opening of a new Indoor Entertainment Center Sparkys on 03/04/20 ...

READ MORE...

ABDULMOHSEN ALHOKAIR GROUP FOR TOURISM AND DEVELOPMENT COMPANY ANNOUNCES THE SIGNING OF NEW ISLAMIC CREDIT FACILITIES AGREEMENT (TAWARRUQ) WITH SAUDI BRITISH BANK

 Abdulmohsen Alhokair Group for Tourism and Development Company announces the signing of new Islamic credit facilities agreement (Tawarruq) with Saudi British Bank as follows:1- The signing date of the facility 31/03/2016.2- The facility amount SAR 50 million (fifty million Saudi Riyals).3- The date of the Facility Agreement is from 27/03/2016 to 31/05/20174- The purpose of these credit facilities is to fund the expansion projects of the company. 5- The fa ...

READ MORE...