Tag: RIYADH CABLES GROUP

Ownership Dynamics of Riyadh Cables Group Company and Market Implications

Nov 27, 2024

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by

Maya Patel

in general invests

Riyadh Cables Group Company (TADAWUL:4142) has seen a significant increase in market capitalization, reaching ر.س19 billion, largely benefitting its major private shareholders. The top four shareholders hold 51% of the company, while insider ownership accounts for ر.س2.7 billion. Institutional investment remains minimal, posing potential for growth as the company gains traction among professional investors. The…