Thimar Development Holding Company, trading as Thimar, is a Saudi joint-stock company listed on the Saudi Stock Exchange (Tadawul). The company holds an investment portfolio and lists its shares on the main market platform with an authorized capital of SAR250 million. It was established on December 9, 1987, and is headquartered in the capital city of Riyadh. The company actively operates in the food retail sector, which falls under the broader consumer staples sector.
According to its Articles of Association and the regulations issued by regulatory and supervisory authorities in the Kingdom of Saudi Arabia, Thimar is not subject to investment restrictions. It is listed on the Saudi Stock Exchange (Tadawul) under the ISIN (SA0007879816) and classification number (4160).
Background of Thimar Development Holding Company
Historically, Thimar Development Holding Company was established under the provisions of the Companies Law, based on Ministerial Resolution No. 364, issued by the Minister of Commerce on January 8, 1988.
Activities of Thimar Development Holding Company
Thimar Development Holding Company's core activities primarily involve managing its subsidiaries, investing their funds, owning real estate and movable assets necessary for ownership, and acquiring industrial property rights for its subsidiaries.
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