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28 December 12:37 PM

Palestine Development and Investment (PADICO)

Last update: 24 December 12:29 PM market time.
2.00
-0.07
-3.38%
Open 2.05
Previous Close 2.07
High 2.05
Low 2.00
Stock Statistics
Volume 1,410
Turnover 2,831.00
All data are 15 minutes late during market session

General Information

Company Name Palestine Development and Investment (PADICO)
Company Purpose Palestine Development and Investment, Ltd. (PADICO HOLDING) was founded in 1993 as a foreign public shareholding limited Liability Company, registered in the Republic of Liberia. PADICO is vigorous make of high-profile Palestinian and Arab businessmen. This initiative vehemently aimed at contributing to building the Palestinian economy through the implementation of a diversity of developmental projects in vital economic sectors. PADICO HOLDING paid-in capital is 250 million shares, with a nominal value of one USD per share, and is traded on The Palestine Exchange (PEX) since 1997.
Company Establish Date 14 October 1993
Financial Year Start First Quarter
Auditor
  • Ernst and Young - Palestine

Ownership

  • SIRAJ IV (30.00%)
  • Rowan International Investments (19.58%)
  • Sabih Taher Darwish Al Masri (12.50%)
  • Massar International (12.20%)
  • Saraj for Investment Funds Group (6.50%)
  • Palestine for Technology Transfer (0.06%)
  • Palestine Telecommunications (0.04%)
  • Palestine Insurance (0.0048%)
  • Jerusalem Cigarette Co Ltd (0.0011%)
  • Sahm Company (NA)

Management

Bashar Faeq Asaad Masry Chairman
Abdullah Elias Abdullah Sabat CEO
Sabih Taher Darwish Al Masri Board Members
Yazid Adnan Al Mufti Board Members Represents Cairo Amman Bank - Jordan
Gamal Sedky Sadek Al Horany Board Members Represents Arab Bank PLC
Nidal Mounir Reda Sukhtian Board Members Represents Al Nawah for Investment Co
Khaled Walid Haidar Anbtawi Board Members Represents Palestine Telecommunications
Ruba Masrouji Board Members Represents Palestine for Technology Transfer
Tamer Pransi Board Members Represents Massar International
Hisham Zafer Taher Al Masri Board Members Represents Al Maseera International Co
Dalal Iriqat Board Members Represents Siraj Palestine Fund I Holding

Subsidiaries

  • Tyco Trade & Investment (100.00%)
  • Rowan International Investments (100.00%)
  • Quds Construction and Investment (100.00%)
  • Palestinian Waste Recycling (100.00%)
  • Palestine General Trading (100.00%)
  • Palestine for Technology Transfer (100.00%)
  • Palestine for Basic Chemical Materials (100.00%)
  • Palestine for Packing and Canning (100.00%)
  • Palestine Development and Investment Co Private Shareholding (100.00%)
  • PADICO Services (100.00%)
  • Al Rasheed Group for Investment and Real Estate Development Co. (100.00%)
  • Palestine Real Estate Investment Co (86.60%)
  • Palestine Securities Exchange (75.26%)
  • Palestine Industrial Investment Co (56.72%)
  • Arkaan Real Estate Co (32.95%)
  • Palestine Telecommunications (30.78%)
  • Palestine Plastic Industries Co Ltd (4.13%)
  • Arab Bank PLC (1.125%)

Contacts

Address P.O.Box: 666 Rawabi
Phone +970 2 2948222
Fax +970 2 2948223
Website www.padico.com
Email info@padico.com
Contact Person