The Real Estate Shareholding Commission calls on 1915 Shareholders to receive 325 million Riyals

27 Feb 2014

​MCI Real Estate Shareholding Commission called on 1915 shareholders, who did not receive their due amounts, to update their data and to contact  the nearest branches of Al Bilad Bank in all cities of the Kingdom as soon as possible, taking with them the original proof of the national identity and the original documents of the shareholding assets, and verify the IBAN account No. of the shareholder`s bank to enable the said commission to transfer the money directly in the fastest time. This is for the shareholders in the thirteen Real Estate shareholdings that had already been liquidated.

The Real Estate Shareholding Commission announced the names of the shareholdings and the due amounts which had not been received yet by the shareholders. These amounts are estimated at 325 million riyals, which represent what is remaining from the shareholding of ( Al Rafaya`  Rose Industrial  - Al Quswah – Al Nahabi Shareholding – Al Salam Scheme in Rass – Al Mutlaq – Al Rawabi Shareholding- Mohammad Al Basari – Naseem Shareholding -  Mohammad Aboud Al Zuhairi Shareholding - Rockets Land Shareholding in Jeddah – Khanshleylah Shareholding - as well as   Salman Villages Shareholding ).
The said Commission reiterated its call for the shareholders in the above mentioned shareholdings to come soon and receive their due amounts through contacting the said commission via the link : 
The said Commission published on its website an updated list of the names of the shareholders who are required to update their data, so that it is possible to transfer the due amounts to their accounts directly, and another list of the delayed checks that the owners or their agents did not contact the said commission for taking over such checks, or who did not come to the office of the commission at the Ministry of Commerce and Industry - King Abdul Aziz Rd. - Riyadh. The concerned shareholders are kindly requested to refer to such lists and make the necessary verification.
Last Modified 26 Dec 2018