FAQS
When was the company established?
It was established in 1416 AH
Who is the acquiring company?
United Yacht Holding Company
Where is the value of my shares deposited?
United Yacht Holding Company
Where do affiliate applications work?
It works
Saudi Arabia – Kuwait – UAE – Qatar – Bahrain – Oman – Egypt – Jordan
How much is the stock worth?
- The value of the share is (6 riyals), including (1) riyal nominal value
How much is the minimum and maximum contribution?
The minimum limit to purchase shares (1,000 shares) for an individual, and the maximum limit to purchase shares (20,000 shares)
Is there an intention to offer in the parallel market (Nomu)?
Yes, the company has an intention to launch in the Nomu market after completing the strategic plan to raise revenues and profits for the next three years
What is the company's legal entity?
Simplified joint stock company
What is the mechanism for proving the share of the shareholder in the company?
After adopting the new system for joint-stock companies in all their forms, the Ministry of Commerce made it easy for shareholders to enter through the national access system, through which the joint-stock partner can inquire about all the shares he owns in all companies.
What are the expected annual returns per share?
The expected returns per share in the subsidiaries of United Yacht Holding Company range between (20% to 28%) per share annually.
When are dividends paid for shares?
Dividends are disbursed to shareholders and investors on a monthly basis or every three calendar months after closing the investment round within 180 working days.
How do I receive my profits?
It is deposited into the account of the contributing partner listed in the notarized purchase contract
Are there debts, loans or obligations on the company?
By the grace of God, there are no loans, debts, or obligations on the company towards others
What investment opportunities are available to shareholders?
United Yacht Holding Company offers investors several opportunities to invest in any of its subsidiaries and existing companies, according to the investor’s choice in terms of the company he wishes to invest in, the amount of investment to be invested, and the estimated profit rates.
How can I start the investment process and what are the necessary steps?
After contacting him from one of the customer service employees, the shareholder partner has the right to inquire and verify all the data as follows:
Reviewing and legally approving the contribution agreement contract.
The company’s responsible employee fills out the customer’s data in a clear and complete manner.
Sign the agreement contract via email or by coming to the company’s headquarters and keeping a copy of it.
Depositing the value of the purchased shares into the account of the United Yacht Holding Company, which is responsible for managing partners’ rights.
The company’s management enters the name of the contributing partner and all his data in the shareholder registry approved by the Ministry of Commerce, and the agreement contract is documented through national access automatically after the end of the investment round, which is (180) days, or when the round ends at an earlier time.