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The company designs and sells information systems and solutions to government and industry
Overview
Arab Sea Information Systems Co. was incorporated in 1980 under the name Arab Sea Establishment with a capital of SAR 1,000,000. It was then converted into a closed joint stock company with a capital of SAR 100 million.
The company operates in the information technology sector, that includes electronic accounting systems, IT systems, computers, network and Internet services. The company also provides planning of government finances, costs and plant systems, points of sale and business solutions for small and medium enterprises (SMEs). Its managing business accounting system program (SMACC) is the selected system to study in the accounting departments of several local technical colleges and universities.
It was listed on Nomu upon the launch of the Parallel Market, ahead of its transition to Tadawul in 2020
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1980 |
Commercial Register: | 1010169116 |
Website: | www.arabsea.com |
gm@arabsea.com | |
Phone | +966 11 4964444 |
Fax | +966 11 4930821 |
Address | Eastern Ring Road between exit 13-14 -Al Rayan District - Riyadh 11499 |
PO Box | 40268 |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 82.52 |
Free Float % : | 82.52 |
Weight in Index % : | 0.03 |
3M Average Volume : | 2,642,008 |
3M Average Transactions : | 2,399 |
Change(12M) % : | (2.10) |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Muhammad Saleh Muhammad Al-Suhibani | 14.00 | 14.00 % |
Beji Co. Ltd. | 6.35 | 6.35 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Era Data for Information Techology | Saudi Arabia | 100.00 % |
SeaPay | Saudi Arabia | 100.00 % |