Obeikan Glass Co. (4145)

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News

2 November 2025 03:00 AM Obeikan Glass to launch SAR 430m SAR-denominated Sukuk programs

Riyadh - Mubasher: The board of  Obeikan Glass Company approved plans, on 19 October, to establish SAR-denominated Sukuk programs worth SAR 430 millionThe issuance will be used to finance expansion projects and support strategic goals, according to a

Board of Directors

16 February 2025 05:43 PM Saudi 1st EV brand Ceer pens SAR 5.5bn deals at PIF Public Sector Forum; listed firms included

Riyadh – Mubasher: Ceer, Saudi Arabia’s first electric vehicle (EV) brand and Original Equipment Manufacturer (OEM), announced 11 new partnerships worth SAR 5.50 billion, equivalent to approximately $1.50 billion, at the 3rd PIF Public Sector …

Companies Investments

7 April 2024 00:09 PM Obeikan Glass names Chairman, Deputy Chairman

Riyadh – Mubasher: Obeikan Glass Company appointed Abdullah Abdulrahman Al Obeikan as its Chairman for three years. The company also announced Abdullah Muhammad Al Humaidhi as Deputy Chairman, according to a bourse filing. The board members …

Management Decisions

28 December 2023 00:32 PM Obeikan Glass unveils dividends, plans to transfer shares to TASI

Riyadh – Mubasher: The board members of Obeikan Glass Company greenlighted cash dividends valued at SAR 64 million for 2023, according to a bourse filing. Obeikan Glass will pay out a dividend of SAR 2 per share, representing 20% of the share …

Board of Directors

26 November 2023 10:34 AM Obeikan Glass backs growth plans via SAR 80m capital raise

Riyadh – Mubasher: Obeikan Glass Company announced the shareholders’ approval to increase its capital by SAR 80 million to SAR 320 million from SAR 240 million. The new capital will be distributed over 32 million shares, instead of 24 million …

Management Decisions

14 November 2023 02:32 PM Obeikan Glass’s net profit plunges nearly 54% in 9M-23

Riyadh – Mubasher:  Obeikan Glass Company posted a net profit after Zakat and tax of SAR 71.73 million in the first nine months (9M) of 2023, down by 53.55% year-on-year (YoY) from SAR 154.43 million. The earnings per share (EPS) of Obeikan Glass …

Financial Results

23 October 2023 02:07 PM Obeikan Glass to increase capital upon CMA nod

Riyadh – Mubasher: The Capital Market Authority (CMA) approved, in late September 2023, for Obeikan Glass Company to raise its capital from SAR 240 million to SAR 320 million through 80 million bonus shares. The company will issue one bonus share …

Management Decisions

4 June 2023 11:23 AM Obeikan Glass’ CEO resigns; Alhammad assumes position

Riyadh – Mubasher: Obeikan Glass Company announced the resignation of Fayez Jameel Abdulrazzaq from his position as the firm’s CEO due to personal reasons, according to a bourse filing. The board members accepted Abdulrazzaq’s resignation on 31 …

Corporate Actions

9 January 2023 03:02 PM Saudi parallel market Nomu sees IPO momentum in 2023

By: Bedour El-Raie  Mubasher: The Parallel Market (Nomu) of the Saudi Exchange (Tadawul) witnessed an unprecedented leap in new initial public offerings (IPOs) in 2022, welcoming 32 new companies to the market. The number of Nomu-listed companies …

Macroeconomics

8 January 2023 06:00 PM Obeikan Glass’ board suggests 33% capital raise via bonus shares

Riyadh – Mubasher: The board of Obeikan Glass Company recommended, on 7 January, a capital increase of 33.33% by granting 80 million bonus shares. Subject to the approval of the extraordinary general meeting (EGM), the new capital will stand at …

Corporate Actions

7 March 2022 11:30 AM Obeikan Glass’s net profits leap 904% in 2021

Riyadh - Mubasher: Obeikan Glass Company logged net profits after Zakat and tax worth SAR 173.68 million in 2021, a surge of 903.93% compared to SAR 17.30 million in 2020. The company’s revenues increased by 77.26% to SAR 463.24 million in 2021 …

Financial Results