Arabian Centres Company

Equities

4321

SA14QG523GH3

Real Estate Development & Operations

End-of-day quote Saudi Arabian S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
25.15 ^SAR	+2.57%		-0.20%	+21.03%

Apr. 25	Cenomi Centers Plans to Open Five More Malls by 2027	MT
Apr. 09	Beowulf consolidates Vardar; GIF outpaces benchmark	AN

Arabian Centres in Discussion with Fawaz Abdulaziz Alhokair Co on Potential Merger

May 07, 2023 at 12:52 am EDT

Arabian Centres Company (SASE:4321) announced that it is in discussions With Fawaz Abdulaziz Al Hokair & Company (Cenomi Retail) (SASE:4240) On A Potential Combination Of Two Companies. Discussions remain at an early stage and parties have not yet reached an agreement.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ARABIAN CENTRES COMPANY	25.15 SAR	+2.57%	-0.20%	3.18B
	FAWAZ ABDULAZIZ AL HOKAIR & COMPANY	11.32 SAR	+6.39%	-3.74%	346M

Latest news about Arabian Centres Company

Cenomi Centers Plans to Open Five More Malls by 2027	Apr. 25	MT
Beowulf consolidates Vardar; GIF outpaces benchmark	Apr. 09	AN
Arabian Centres Company Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 02	CI
Cenomi Centers Logs Higher FY23 Net Profit, Revenue	Mar. 26	MT
Arabian Centres Company Announces Dividends Distribution Policy Starting from Second Quarter 2024	Mar. 26	CI
Arabian Centres Company Announces Cash Dividends for the Second Half of the Fiscal Year 2023, Payable on April 16, 2024	Mar. 26	CI
Cenomi Centers Redeems Outstanding $210 Million Sukuk	Mar. 17	MT
Cenomi Centers Completes $500 Million Sukuk Offering	Mar. 12	MT
GFH Financial Group Tapped as Joint Lead Manager, Bookrunner for $500 Million Sukuk Issue	Mar. 10	MT
Cenomi Centers to Issue $500 Million Shari’ah-compliant Sukuk	Mar. 03	MT
Cenomi Centers Announces Opening of U Walk Jeddah	Feb. 17	CI
Arabian Centres Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Arabian Centres Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-15	CI
Arabian Centres Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-27	CI
Arabian Centres in Discussion with Fawaz Abdulaziz Alhokair Co on Potential Merger	23-05-07	CI
Arabian Centres Company Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	23-02-08	CI
Arabian Centres Company Announces Cash Dividends for the First Half Ended 30 September 2022, Payable on 12 February 2023	23-01-01	CI
Arabian Centres Co. Announces the Change of its Fiscal Year	23-01-01	CI
Arabian Centres Company Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022	22-11-13	CI
Arabian Centres Company Reports Earnings Results for the First Quarter Ended June 30, 2022	22-08-22	CI
Arabian Centres Company Reports Earnings Results for the Full Year Ended March 31, 2022	22-07-06	CI
Arabian Centres Co. Announces Cash Dividend for Second Half Ended 31 March 2022, Payable on 26 July 2022	22-07-03	CI
Arabian Centres Co. Announces Partnership with National Housing Co. to Develop and Operate New Mall Within Murcia Residential Project in Riyadh	22-06-19	CI
Arabian Centres Co. Announces Executive Changes	22-06-19	CI
Arabian Centres Company Announces Executive Changes	22-06-16	CI

Chart Arabian Centres Company

Duration

Period

More charts

Company Profile

Arabian Centres Company SJSC is a Saudi Arabia-based company engaged in the commercial real estate market. The Company is involved in the purchase of lands, developing and investing in buildings, sells or leases of buildings and the construction of commercial buildings including demolition, repair, excavation and maintenance works. It also engaged in the maintenance and operation of commercial centres, tourist resorts, hotels and restaurants, managing and operating temporary and permanent exhibitions, compounds and hospitals. The Companyâs portfolios include Mall of Arabia, Aziz Mall, Al Noor Mall, Makkah Mall, Haifaa Mall, Al Salaam Mall, Sahara Plaza, Nakheel Mall, Al Ehsa Mall, Salma Mall, Tala Mall and Al Nakheel Mall, among others.

Sector

Real Estate Development & Operations

Calendar

2024-05-20 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Arabian Centres Company

Trading Rating

Investor Rating

ESG Refinitiv

D-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

25.15 SAR

Average target price

22.27 SAR

Spread / Average Target

-11.45%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Retail Real Estate Development

	1st Jan change	Capi.
ARABIAN CENTRES COMPANY	+21.03%	3.18B
SCENTRE GROUP	+3.68%	10.49B
THE PHOENIX MILLS LIMITED	+37.76%	6.62B
PLAZA S.A.	+12.20%	2.89B
AEON MALL CO., LTD.	+1.58%	2.6B
MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS S.A.	-15.55%	2.73B
EASYHOME NEW RETAIL GROUP CORPORATION LIMITED	-7.58%	2.62B
ALLOS S.A.	-19.21%	2.31B
ATRIUM LJUNGBERG AB	-18.25%	2.17B
VINCOM RETAIL	-3.65%	2.01B

Retail Real Estate Development