Announcement by Osool & Bakheet Investment Company (OBIC) that (Osool & Bakheet IPO Fund)’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public.
Sunday, March 31, 2024 at 10:00 PM Osool & Bakheet Investment Company announces that (Osool & Bakheet IPO Fund)’s annual reports, including the annual audited financial statements for the year ended on 31/12/2023. – Net assets Value on the end of period of 38,724,182 SAR. – Total expenses & fees for the year/period 1,233,172 SAR.…
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Announcement by Osool & Bakheet Investment Company (OBIC) that (Osool & Bakheet IPO Trading Fund Sharia Compliant)’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public
Sunday, March 31, 2024 at 10:00 PM Osool & Bakheet Investment Company announces that (Osool & Bakheet IPO Trading Fund Sharia Compliant)’s annual reports, including the annual audited financial statements for the year ended on 31/12/2023. – Net assets Value on the end of period 4,391,983 SAR – Total expenses & fees for the year/period…
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Osool and Bakheet Investment Company announces the annual financial results as of 31-12-2023.
Sunday, March 31, 2024 at 4:00 PM Element List Current Year Previous Year %Change Sales/Revenue 60,377,685 28,204,821 114.07 Gross Profit (Loss) 27,051,407 9,977,659 171.12 Operational Profit (Loss) 27,944,577 12,582,331 122.09 Net profit (Loss) 25,497,112 10,244,700 148.88 Total Comprehensive Income 24,909,467 9,970,950 149.82 Total Share Holders Equity (After Deducting the Minority Equity) 200,105,719 107,696,252 85.81 Profit…
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Osool & Bakheet net profit rises to SAR 25.5M in 2023
Osool & Bakheet Investment Co.’s net profit rose to SAR 25.5 million for 2023, compared to SAR 10.2 million a year earlier, backed by a 114% surge year-on-year (YoY) in operating revenue to SAR 60.38 million for 2023, in addition to higher fair value investments. Financials (M) Item 2022 2023 Change Revenues 28.21 60.38 114.1…
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Announcement by Osool & Bakheet Investment Company regarding an update of the terms and conditions of (Osool & Bakheet Saudi Trading Equity Fund)
Tuesday, February 28, 2023 at 9:35 AM Osool & Bakheet Investment Company announces an update of the terms and conditions of (Osool & Bakheet Saudi Trading Equity Fund) as of (18/07/1444H) corresponding to (09/02/2023G.). A summary of the main updated items are as follows: The fund’s terms and conditions have been reclassified to comply with…
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Announcement by Osool & Bakheet Investment Company Regarding an update of the terms and conditions of Al Ma’ather REIT
Monday, February 19, 2024 at 5:45 PM Osool & Bakheet Investment Company announces an update of the terms and conditions of Al Ma’ather REIT as of 25/08/1445H corresponding to 06/03/2024G. A summary of the main updated items are as follows: Updating the terms and conditions of the Al Ma’ather REIT Fund in accordance with the…
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Appointment of Abdullah Al-Khurayef as Chairman of the Board of Directors of Osool & Bakheet Investment Company
Osool & Bakheet Investment Company announced that its Board of Directors decided on November 30, 2023, to appoint Board Member Abdullah Ibrahim Abdullah Al-Khurayef (Independent) as Chairman of the Board for the current term, which ends on December 26, 2024. The company clarified in a statement today on Tadawul that this appointment will be effective…
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The resignation of Abdulwahab Al-Bateeri, Chairman of the Board of Osool & Bakheet Investment Company
Osool & Bakheet Investment Company announced that its Board of Directors accepted the resignation of Abdulwahab bin Abdulkarim Al-Bateeri from his position as Chairman and member of the Board on November 23, 2023. The company explained in a statement on Tadawul that the resignation will take effect starting Sunday, November 26, 2023, noting that the…
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