Profile: SAAC | Saudi Arabian Amiantit Co.

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Saudi Arabian Amiantit Co. SAAC
SAAC 2.33%
Capital Goods 2.02%
TASI 0.43%
Last Value
% Change
Price in SAR Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Symbol SAAC
Exchange Saudi Arabia
Sector Capital Goods
Auditors PricewaterhouseCoopers
Company Description

The Saudi Arabian Amiantit Group (SAAC) is a leading industrial organization that manufactures high quality pipe systems, supplies advanced pipe technologies, and provides water management services. The Group delivers to municipal, industrial, agricultural and energy markets worldwide supporting global infrastructure development.

Company Activities

The Group's core activities are manufacturing and sale of pipe systems, ownership and sale of pipe technologies, provision of water management consultancy, engineering services, manufacturing and supply of polymer products.

Equity Profile
Date Established Jun 13, 1968
Listing Date N/A
Paid-up Capital (SAR) 1,155,000,000
Outstanding Shares 115,500,000
Shares Per Value 10
Contact Information

P.O.Box 589, Dammam 31421, Kingdom of Saudi Arabia

+966 3 847 15 00

+966 3 8471398



Company History

SAAC was established on 13 June 1968 G (17-3-1388H) at Dammam, as a limited liability company to manufacture pipes.

Board Members & Senior Management
Prince Ahmed Bin Khalid Abdullah Abdulrahman Chairman
Dr. Solaiman A Al Twaijri CEO
Prince Turki Bin Mohammed Bin Fahad Board of Directors
Dr. Khalil A.Kordi Board of Directors
Dr. Abdulaziz Al Jarbou Board of Directors
Shaik Silaiman A.Al Suhaimi Board of Directors
Mr. Sulaiman A.Al Amro Board of Directors
Mr. Bader A.Al Suwaidan Board of Directors
Mr. Abdulaziz Ali Abu Al Saud Board of Directors
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