Latest news with #MHG
Argaam
10 hours ago
- Business
- Argaam
Marketing Home's retained earnings exceed capital: CEO
Marketing Home Group for Trading Co. (MHG) reported retained earnings and cash of SAR 181 million in H1 2025, exceeding its SAR 160 million capital, CEO Musaad Algfari told CNBC Arabia, adding that this surplus enables loan-free expansions. He said the general assembly will decide post-IPO on ways to use these earnings, whether through cash dividends or other options. Algfari noted that MHG is not only a trader or manufacturer. It rather builds brands that bring new products to market, lifting profit margins to 21% in H1 2025 thanks to an 8% drop in expenses. The company operates more than 40 showrooms in Saudi Arabia, along with more outlets in the UAE, Oman, Qatar, Bahrain, China and Spain, a footprint that has supported debt-free growth, with the next phase focusing on expansion into new sectors. He added that MHG boasts a project pipeline with various state-run entities, including Diriyah Co. and ROSHN. Besides, the company dominated the lighting sector with a 36% market share in 2023, while also maintaining strong positions in the sanitary ware and the ceramics sectors.
Argaam
17 hours ago
- Business
- Argaam
List of receiving entities for Marketing Home IPO
Retail investors began today, Aug. 19, subscribing to 960,000 shares of Marketing Home Group for Trading Co. (MHG) at SAR 85 per share, as determined through the book-building process. The subscription period will run for two days. MHG offered 4.8 million shares in an initial public offering (IPO) on the Main Market (TASI). The shares represent 30% of the company's issued capital, with a nominal value of SAR 10. The receiving entities are Derayah Financial, Alinma Capital, Al Rajhi Capital, SNB Capital, Riyad Capital, ANB Capital, Alistithmar Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, Saudi Fransi Capital, Yaqeen Capital, Albilad Capital, Musharaka Capital, EFG Hermes Saudi Arabia, and Awaed Alosool Capital.
Argaam
12-08-2025
- Business
- Argaam
Marketing Home offering price set at SAR 85/share on TASI
Alinma Capital, the financial advisor, bookrunner, and lead manager for the initial public offering (IPO) of Marketing Home Group for Trading Co. (MHG), announced the successful completion of the book-building process for the participating entities tranche. The final price of the IPO on the Main Market (TASI) was set at SAR 85 per share, with the offering oversubscribed 967 times, according to a Tadawul statement. A total of 960,000 ordinary shares will be allocated, representing 20% of the shares offered for retail subscription. The retail tranche will begin on Aug. 18, ending on Aug. 20.
Argaam
03-08-2025
- Business
- Argaam
Marketing Home prices TASI IPO at SAR80-85/shr
Alinma Capital, the financial advisor, bookrunner, and lead manager of Marketing Home Group for Trading Co.'s (MHG) initial public offering (IPO) on the Main Market (TASI), announced the price range for the offering and the start of the book-building process today, Aug. 3. The IPO was priced between SAR 80 and SAR 85 per share, according to a Tadawul statement.
Yahoo
26-05-2025
- Politics
- Yahoo
Sound Off: May 26, 2025
Sun Herald readers weigh in on local and national topics: Come live on E Wortham Road and you, too, can enjoy dump trucks driving back and forth all day long, six day a week. Some with their loud brakes. In the Sound of for 24 May an obvious Trump-hater stated that President Trump said '... Liz Cheney should be shot' which was blatantly untrue. With Tucker Carlson on October 31, 2024, then former President Donald Trump at the time, referred to her as a 'radical war hawk' and said, 'Let's put her with a rifle standing there with nine barrels shooting at her. OK? Let's see how she feels about it, you know, when the guns are trained on her face.' He did not explicitly state that Liz Cheney should be shot, however his comments were misperceived by the anti-Trumpers as making such a threat. Here we go again. Donald Trump allowed some white South Africans into America, claiming genocide against them. He showed us photos of it in his oval office meeting with South African president, who disputed his claims. Now the truth is out. The photos he claimed showed genocide against white people were actually taken in Congo. What do we when we cannot trust anything our President says without fact checking first. The president lied about the South African killings? I just don't believe it. I mean, he's been so honest about everything else. In keeping with the trend of posting positive stories in Sound Off, I'd like to give a big 'THANK YOU' shout out to Memorial Hospital at Gulfport (MHG). I recently had surgery there which I would have previously had performed in New Orleans or Mobile. I decided to give MHG another chance. I could not be more pleased with the experience. The entire staff, physicians, nurses, dietitians, housekeeping staff, valet staff (yes, they do have free valet parking), administration, security, clergy, and everyone else, were exceptional. Special accolades to the 3rd-floor staff. It's good to know we have such a first-class hospital right here in south Mississippi. Keep up the excellent work and once again, thanks for saving me a trip (and possibly my life) with state-of-the-art health care. It makes me proud to claim MHG as my hospital of choice when I could have decided to go out of state. People cry 'Cut our taxes!' Then they cry 'Don't cut our government programs!' But how can government programs (medical research and help, military readiness, education, disaster support, charity, etc.) be supported without taxes? Taxes are the lifeblood of a healthy society. Do taxes need to be monitored for need, efficiency, and effectiveness? Yes! But remember: a tax cut often and sometimes necessarily produces a program cut. Be careful what you ask for. Why does the press bother attending White House briefings and asking Karoline Leavitt questions? They already know they're going to get nothing but the party line. Send your Sound Offs to soundoff@
