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Saudi Research and Marketing Group   (4210.SSE)
Also known as: SRMG
Sector | Industry
Media | Publishers
 
Country of Origin
Saudi Arabia
Last Trade
37.40 SAR
+ 9.36%
 
 
 
 
 
 
 
 
 
 
 
 
Company Updated: Jun 16, 2008
 
Joint Stock
 
 
Provides news gathering, publishing, advertising, commercial printing and distribution services.
1988
2,779 (80 Company, 2,779 Group)
Ahlan Wa Sahlan
Al Eqtisadiah
Al Jamila
 
Al Rajol
Al Riyadiyah
Almajalla
 
Arab News
Asharq Alawsat
Basim
 
Hia
Malialam
Sayidaty
 
Urdu Magazine
Urdu News
 
 
 
4210 
Ordinary 
SAR 
 
 Key Officers
Prince Faysal Bin Salman Bin Abdulaziz Al Saud
Chairman
Dr Azzam Bin Mohammed Al Dakhil
Chief Executive Officer
 
 Contact Details
Address:
Middle East Building
Conference Street
P.O. Box 53108
Riyadh 11583
Saudi Arabia
 
+966 1-441-0101
+966 1-441-8060
 
+966 1-441-9569
+966 1-212-1735
 
shares@srmg.com
 
www.srmg.com
 
www.arabmediaco.com
www.asharqalawsat.com
ala3mal.com

 
  Latest Headline
SRMG BOD recommends 20% cash dividend | مجلس إدارة المجموعة السعوديّة للأبحاث توصي بتوزيع 20% من رأس مال الشركة للعام 2008 - Al-Arabiya
 
  IPO Details
Listing Date:
15May06
Size of Offering:
$294.35M
Equity Offering:
30%
Lead
Managers:
Sambacapital
 

  Business Overview
The Saudi Research and Marketing Group is the holding company of a vertically integrated publishing, printing, distribution and advertising business based in Saudi Arabia.

The Saudi Research and Publishing CompanySaudi Research and Publishing CompanyLoading... is one of SRMG's three main subsidiaries. It produces 15 daily, weekly or monthly news, business and society publications in Arabic, English, Urdu and Malayalem, with a global readership of 180 million. Company newspapers include the flagship pan-Arab daily, Asharq Alawsat, based in London, Arab News, AL-Eqtissadia and AL-Riyadia. Magazines include Al-Majalla, Sayyidati and Al- Rajul. Shuaa Capital considers SRPC to be the largest single publisher in Saudi Arabia, with an aggregate market share of 46.1%, as of 2005.

The publishing sector incorporates the group's local and international research and marketing operations, which include sister companies Al Khaleejia Advertising and Public Relations CompanyAl Khaleejia Advertising and Public Relations CompanyLoading..., the Arab Media Company and other media sales and advertising operations.

The first among the group's subsidiaries to be established was the Saudi Printing and Packaging CompanySaudi Printing and Packaging CompanyLoading.... It was launched in 1963 under the name Madina Printing and Publishing Company, and as of 2007, it is considered one of the largest printing companies in the MENA region. SPPC prints newspapers, magazines, books and journals targeting various segments of the Arab region, in several languages. The company also offers pre-press and design, print finishing, binding and packaging services.

The Saudi Distribution CompanySaudi Distribution CompanyLoading..., another group subsidiary was created in 1983 to distribute SRPC and third-party newspapers, magazines, phone cards and books to local, regional and international markets. SDC had a 700-vehicle capacity in 2005 and 22 branches to distribute about 1.5 million copies and over 800 titles to 15,000 points-of-sale in Saudi Arabia. SDC also has a subsidiary in Kuwait and sub-contracts to around 20 distribution agents worldwide.

Prince Faisal bin Salman bin Abdulaziz Al Saud chairs the board of SRMG, which underwent an IPO in May 2006, raising USD295 million for 30% of its shares on the Saudi Stock Exchange (Tadawul).

SRMG's goals are to invest in upstream businesses, acquire new media platforms and creating strategic media alliances and expand by launching new publications and services.
 
 
 Major Shareholders
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  Organization Structure and Related Entities
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
Al Khaleejiah Advertising and Public Relations Company Saudi Arabia 100.00%
Arab Media Company [AMC] Saudi Arabia 100.00%
ArabNet Technology United Kingdom 100.00%
Content Specialised Media [via Saudi Specialized Publishing Company] UAE 100.00%
Mu'tamarat for Conferences and Exhibitions Saudi Arabia 100.00%
Saudi Commercial Company Saudi Arabia 100.00%
Saudi Distribution Company Saudi Arabia 100.00%
Saudi Research and Publishing Company Saudi Arabia 100.00%
Saudi Specialized Publishing Company [SSPC] Saudi Arabia 100.00%
University Bookshop [via Saudi Specialized Publishing Company [SSPC] UAE 51.00%
Saudi Printing and Packaging Company Saudi Arabia 42.00%
Content Joint Venture UAE 20.00%
Investments
 
Name  Country  Holding
Shaher Saudi Arabia 19.60%
Developments and Projects
 
Name  Country  Holding
Exhibitions and Conferences Company Saudi Arabia 100.00%
 
 
  Representatives
Auditors
 
Deloitte and Touche
 
Banks
Banque Saudi Fransi
The National Commercial Bank
Samba Financial Group
Saudi Hollandi Bank
Law Firms
Clifford Chance
Al-Jadaan Law Firm
 
 Summary Financials
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 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
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