Profile: SCACO | Saudi Cable Co.

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

Saudi Cable Co. SCACO
SCACO 0.00%
Capital Goods 0.00%
TASI 0.00%
Last Value
% Change
Price in SAR Last Update : 21 Sep 2017 11:15 am (local time)


Corporate Details
Symbol SCACO
Exchange Saudi Arabia
Sector Capital Goods
Auditors Deloitte and Touche
Company Description

Saudi Cable Company Group, based in Jeddah, was the first cable manufacturer established in the Arabian Gulf, and remains one of the largest cable manufacturers in the region.The Group is organized into four main business groups:

SCC Cables (Saudi energy and telecom cable manufacturing);
Mass Cables (Turkish energy and telecom cable manufacturing);
Midal Cables (Bahrain aluminum and alloy conductor manufacturing); and
SCC Group International Sales (International Sales and Turnkey Project Services).

Company Activities

The Group produces a wide range of conductors and cable products, and is integrated vertically upstream into copper rod and PVC, and downstream into turnkey projects, from design and installation to testing and commissioning. In addition to local sales, SCC has successfully exported to over 40 countries worldwide. It manufactures and markets power and telecom cables and related products.

Equity Profile
Date Established Jan 1, 1975
Listing Date N/A
Paid-up Capital (SAR) 760,000,000
Outstanding Shares 76,000,000
Shares Per Value 10
Contact Information

P.O. Box 4403, Jeddah 21491, Kingdom of Saudi Arabia

+966 2 6087666

+9662 6355916



Company History

Saudi Cable was established in 1975 as a joint venture solely between Xenel Industries and Anaconda with a capital of SR 3.5 million. With increases over the years the capital became SR 270 million in 1988 when the company was converted into a joint stock company.

Board Members & Senior Management
Mr. Khalid A. Alireza Chairman
Dr. Waheeb A. Linjawi Managing Director
Mr. Shaukat Aziz Sheikh Abdulaziz Board of Directors
Mr. Abdullah Hassan Masri Board of Directors
MR. Yousuf A.zainal Alireza Board of Directors
Mr. Saleh Eaid Al-Hosain Board of Directors
Mr. Adnan A.Maimani Board of Directors
Eng. Abdullah M. Rehaimi Board of Directors
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