United Farmers Holding
Founded Year
2013Stage
Shareholder Liquidity | AliveAbout United Farmers Holding
United Farmers Holding Company (UFHC) aims to increase agricultural production and productivity in order to supply Saudi Arabia with grains and fodders.
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Latest United Farmers Holding News
Jan 3, 2019
0 Message : 31st December 2018 Almarai Company Announces the Sale of its Shares in United Farmers Holding Company ("UFHC") to Saudi Agricultural and Livestock Investment Company ("SALIC") one of the Founding Partners of UFHC. Almarai Company ("the Company"), is pleased to announce that on 31st December 2018, the Company has completed the sale of all its Shares in United Farmers Holding Company ("UFHC") which represent 33.0% of the paid up capital, to Saudi Agricultural and Livestock Investment Company ("SALIC"), one of the founding partners of UFHC, for an aggregate amount of 28 million USD equivalent to SAR 105 million, after obtaining all the necessary regulatory and legal approvals. The financial impact of this transaction will be effective in the 4th Quarter of 2018 results, which is not material to the Company's financial statements. The proceeds from this transaction will be used to support the Company's business and investments. Attachments
United Farmers Holding Frequently Asked Questions (FAQ)
When was United Farmers Holding founded?
United Farmers Holding was founded in 2013.
Where is United Farmers Holding's headquarters?
United Farmers Holding's headquarters is located at Sercon Tower #1, 5th Floor, Office 506, Riyadh.
What is United Farmers Holding's latest funding round?
United Farmers Holding's latest funding round is Shareholder Liquidity.
Who are the investors of United Farmers Holding?
Investors of United Farmers Holding include Almarai and Saudi Agricultural & Livestock Investment Company.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
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