AL HOKAIR GROUP

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 ...

Aug 2016

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 ...

Jul 2016

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 ...

Jul 2016

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 ...

May 2016

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 ...

May 2016

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 ...

Apr 2016

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 ...

Apr 2016

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

Apr 2016

ABDULMOHSEN ALHOKAIR GROUP FOR TOURISM AND DEVELOPMENT CO ANNOUNCES THE DISTRIBUTION OF DIVIDEND FOR PERIOD SECOND HALF OF FY2015

The Board of Directors of Abdulmohsen Alhokair group for Tourism and Development Co has approved the distribution of dividends to the shareholders for the period Second Half of FY2015 as follows:1.Total amount of distribution of dividend SAR 68,750,000 2.Dividends per share SAR 1.253.Dividends represent 12.5% of the Face value.4.The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center (Tadawul) o ...

Feb 2016

CORRECTIVE ADVERTISING ABDUL MOHSEN AL HOKAIR GROUP FOR TOURISM AND DEVELOPMENT REGARDING PRELIMINARY FINANCIAL RESULTS FOR THE PERIOD ENDED 12/31/2015 (TWELVE MONTHS)

Further to Abdul Mohsen Al Hokair Group for Tourism and Development announcement published on Tadawul's website on 21-01-2016 related to ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 31-12-2015 where the announcement mention that(A)REASONS OF INCREASE (DECREASE) FOR PERIOD COMPARED WITH SAME PERIOD LAST YEARThe decrease in the gross profit, operational profit and net profit in this quarter as compared with the previous quarter is due to the follow ...

Jan 2016

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