Arabian Cement Co said the deal aims at restructuring the company’s ownership in international investments.
Arabian Cement Co.’s subsidiary, Arabian Cement Bahrain Holding Co., entered into shares swap agreement whereby its shareholding interest in Ready Mix Concrete and Construction Supplies Co. (RMCC) in Jordan. 
In a statement to Tadawul, the company said RMCC stake will be exchanged for the shareholding interest of RMCC and Al Rawsha for Investment and Trading Co. in Qatrana Cement Co. In addition, Arabian Cement Bahrain Holding will receive cash consideration of SAR 17 million (JOD 3.233 million).
Under the agreement, which is subject to final approvals of regulatory bodies in Jordan, Arabian Cement Bahrain Holding’s shareholding interest in Qatrana Cement shall increase from 86.74% to 96.14%, an increase of 9.4% representing the current shareholding interests of RMCC and Al Rawsha in Qatrana Cement collectively. This will be in exchange for Arabian Cement Bahrain Holding’s shareholding interest in RMCC amounting to 36.67% in favor of RMCC and Al Rawsha, in addition Arabian Cement Bahrain Holding will receive cash consideration of SAR 17 million (JOD 3.233 million).
The book value of Arabian Cement Bahrain Holding’s interest to be disposed of in RMCC according to reviewed consolidated interim financial statements as of Sept. 30, 2025 stands at SAR 41.1 million.
Meanwhile, the book value of Arabian Cement Bahrain Holding’s interest to be acquired in Qatrana Cement according to reviewed consolidated interim financials statements as of Sept. 30, 2025 is SAR 67.5 million.
The deal aims at restructuring the company’s ownership in international investments, the statement added.
The final financial impact will be announced upon the completion of the transaction, Arabian Cement said, noting that RMCC and Al Rawsha are related parties.
Arabian Cement Co said the deal aims at restructuring the company’s ownership in international investments.
Arabian Cement Co.’s subsidiary, Arabian Cement Bahrain Holding Co., entered into shares swap agreement whereby its shareholding interest in Ready Mix Concrete and Construction Supplies Co. (RMCC) in Jordan.
In a statement to Tadawul, the company said RMCC stake will be exchanged for the shareholding interest of RMCC and Al Rawsha for Investment and Trading Co. in Qatrana Cement Co. In addition, Arabian Cement Bahrain Holding will receive cash consideration of SAR 17 million (JOD 3.233 million).
Under the agreement, which is subject to final approvals of regulatory bodies in Jordan, Arabian Cement Bahrain Holding’s shareholding interest in Qatrana Cement shall increase from 86.74% to 96.14%, an increase of 9.4% representing the current shareholding interests of RMCC and Al Rawsha in Qatrana Cement collectively. This will be in exchange for Arabian Cement Bahrain Holding’s shareholding interest in RMCC amounting to 36.67% in favor of RMCC and Al Rawsha, in addition Arabian Cement Bahrain Holding will receive cash consideration of SAR 17 million (JOD 3.233 million).
The book value of Arabian Cement Bahrain Holding’s interest to be disposed of in RMCC according to reviewed consolidated interim financial statements as of Sept. 30, 2025 stands at SAR 41.1 million.
Meanwhile, the book value of Arabian Cement Bahrain Holding’s interest to be acquired in Qatrana Cement according to reviewed consolidated interim financials statements as of Sept. 30, 2025 is SAR 67.5 million.
The deal aims at restructuring the company’s ownership in international investments, the statement added.
The final financial impact will be announced upon the completion of the transaction, Arabian Cement said, noting that RMCC and Al Rawsha are related parties.
