Profile: SHRQ | Sharqiyah Desalination

MUSCAT SECURITIES MARKET (MSM)Trading Hours: Sun - Thu 10:00 am-1:00 pm

Sharqiyah Desalination SHRQ
SHRQ 0.00%
Services 0.00%
MSM30 Index 0.00%
Last Value
% Change
Price in OMR Last Update : 25 Sep 2017 10:15 am (local time)


Corporate Details
Symbol SHRQ
ISIN Code OM0000004669
Exchange Oman
Sector Services
Auditors KPMG
Company Description

Sharqiyah Desalination Company (SHRQ) owns and operates a desalination plant in Sur, which is the first independent water project in the Sultanate of Oman. SHRQ produces 80,000 m3/ day of drinking water to around 350,000 inhabitants using a relatively energy efficient reverse osmosis technology. Veolia Water Middle East SAS owns 55% of the Company’s share capital and subsequently 35% of the shares are floated on the Muscat Securities Market.

Company Activities

The Company has been established to acquire, operate and maintain an existing water desalination plant of 2.66 million imperial gallons per day (“MIGD”) capacity at Sur and to build, operate and maintain a new 17.66 Million MIGD capacity water desalination plant at Sur in the Sharqiyah region, Sultanate of Oman

Equity Profile
Date Established Jan 14, 2007
Listing Date Jun 27, 2013
Paid-up Capital (OMR) 6,520,144
Outstanding Shares 6,520,144
Shares Per Value 1.00
Contact Information

P.O.Box: 685, Jibroo, Postal Code: 114, Sultanate of Oman

+968 24693890

+968 24693845



Company History

Sharqiyah Desalination Company SAOG was registered and incorporated as a closed joint stock company in the Sultanate of Oman on 14 January 2007.

Board Members & Senior Management
Mr. Emmanuel Gayan Chairman
Mr. Suresh Virmani Vice Chairman
Mr. Xavier Joseph CEO
Mr. Philippe Dacosta CFO
Mr. Arnaud Leglise Board of Directors
Mr. Terrance Mah Board of Directors
Mr. K Nahar Anil Board of Directors
Mr. Jean Francois Roberge Board of Directors
Mr. Padmanabhan Ananthan Board of Directors
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