Signal · Supplier & Corporate Risk
Arabian Cement finalizes exit, share swap deal for Jordanian equity
What the source reported
Source-reported<p><img src="https://argaamplus.s3.amazonaws.com/8280c1b4-e2bb-484c-ab0a-a3e50e9371bd.png" ></p> <p class="ckeCaption" >Logo of<span >Arabian Cement Co.</span></p> <hr> <p ><a href="https://www.argaam.com/en/tadawul/tasi/acc" target="_blank">Arabian Cement Co.</a> completed the exit of its subsidiary, Arabian Cement Bahrain Holding Co., from Ready-Mix Concrete and Construction Supplies Co. (RMCC), as well as the acquisition of the stakes held by RMCC and Al Rawsha Company for Trading and Investment Co. in Jordan-based Qatrana Cement Co.</p> <p >In a statement on Tadawul, the company said the related financial impact is <strong>as follows:</strong></p> <p ></p> <p ><strong>1. </strong>The company will recognize a capital gain of SAR 18.9 million from the sale of its subsidiary’s stake in RMCC.</p> <p ></p> <p ><strong>2.</strong> Equity attributable directly to the parent company’s shareholders will increase by SAR 21.3 million. Accordingly, total direct and indirect equity attributable to the parent company’s shareholders will increase by SAR 40.2 million after adding the aforementioned capital gain.</p> <p ></p> <p ><strong>3. </strong>Non-controlling interest will decline by SAR 70.3 million as a result of the subsidiary increasing its stake in Qatrana Cement by 9.4%, to 96.14% from 86.74%.</p> <p ></p> <p >As per <strong >Argaam</strong>'s data, Arabian Cement announced, in December 2025, that its subsidiary, Arabian Cement Bahrain Holding Co., entered into a share swap agreement for its shareholding in RMCC in Jordan.</p> <p ></p> <p >Last July, Arabian Cement announced conducting certain amendments to the structure of the share swap agreement inked by its subsidiary, Arabian Cement Bahrain Holding Co.</p> <p></p> <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td > <p ><strong><span ><span ><span >Amendment</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >Counterparty</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >Number of Shares</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >Share price</span></span></span></strong></p> </td> <td > <p align="center" ><strong><span ><span ><span >Total Value</span></span></span></strong></p> </td> </tr> <tr > <td > <p ><strong><span ><span ><span >Sale of stake in RMCC</span></span></span></strong></p> </td> <td > <p align="center" ><span ><span ><span >Al Hejaz Company for Cement, LLC</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >7.3 mln shares</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >JOD 1.3</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >JOD 9.5 mln (approximately SAR 50.3 mln)</span></span></span></p> </td> </tr> <tr > <td > <p ><strong><span ><span ><span >Acquisition of a stake in Qatrana Cement</span></span></span></strong></p> </td> <td > <p align="center" ><span ><span ><span >Ready-Mix Concrete and Construction Supplies Co.</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >6.25 mln shares</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >JOD 1</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >JOD 6.2 mln (approximately SAR 33.1 mln)</span></span></span></p> </td> </tr> <tr > <td > <p ><strong><span >Share swap in RMCC for a stake in Qatrana Cement</span></strong></p> </td> <td > <p align="center" ><span ><span ><span >Al Rawsha Company for Trading and Investment </span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >1.85 mln shares (in exchange for 2.27 mln shares)</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >--</span></span></span></p> </td> <td > <p align="center" ><span ><span ><span >--</span></span></span></p> </td> </tr> </tbody> </table> <div ></div>
- Publication
- Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
- Published
- 28th September 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supplier & Corporate Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- None identified
- Collected
- 28th September 2026 · 17:08
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Low (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (23.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (12.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth