Paper Home Company(A Closed Saudi Joint Stock Company (Saudi Arabia)

The Company is engaged in the business of Paper and corrugated paperboard industry (cardboard).
The Company was established as a sole proprietorship under a commercial register Corporation No. 1011022901 dated 1436-02-07 AH corresponding to 11/30/2014 AD issued in the city of Al-Kharj,
Under the trade name “Paper home Factory Establishment” and with a capital of (1,067,500) million and sixty-seven One thousand five hundred Saudi riyals, fully owned by Ammar Yacoub Youssef Al-Maghribi. And according to a contract.
The incorporation issued in the city of Al-Kharj on 02/22/1439 AH corresponding to (11/12/2017 AD) and confirmed by a contract Incorporation No. 165878 with the notary in charge of the Ministry of Trade and Industry No. 395230072 and date 04/07/1439 AH corresponding to 12/26/2017 AD “Paper House Factory Establishment” and its branches were transformed into It has obligations, employment, classification, licenses, and all its financial, technical, and administrative elements to a company Limited liability company under the trade name “Paper home Company” without any change in capital.
Under the founding contract, On 11/24/2018 AD, corresponding to 03/16/1440 AH, the partners wished to increase the company's capital from (1,067,500) one million sixty-seven thousand and five hundred Saudi riyals to an amount of (2,800,000) two million Eight hundred thousand Saudi riyals divided into (2,800,000) two million eight hundred thousand equal shares.
The increase amounting to (1,732,500) Saudi riyals was covered from the partners' current account according to an auditor's certificate. Accounts issued on 12/06/2018. In accordance with the partners' decision documented by the Ministry of Commerce, On 04/11/1442 AH (corresponding to 11/26/2020 AD), the partners agreed unanimously to transform the company and its branches into a closed joint stock company, with its rights and obligations, and the shares are transferred Into shares, the nominal value of which is (10) ten Saudi riyals, fully paid without change In capital. Pursuant to the decision of His Excellency the Minister of Commerce and Investment No. 112 dated 04/21/1442 AH Corresponding to 12/07/2020 AD, the company was authorized to transform the company into a closed Saudi joint stock company with a share capital.
Money amounting to (2,800,000) two million eight hundred thousand Saudi riyals divided into (280,000) two hundred Eighty thousand ordinary shares, the value of each share is ten (10) Saudi riyals, fully paid.
It was registered under Commercial Registry Certificate No. 1011022901 dated 08/02/1442 AH (corresponding to (03/16/2021 AD).
And according to the minutes of the Extraordinary General Assembly meeting on 07/23/1442 AH Corresponding to 07/03/2021, the capital increase was approved from the amount of (2,800,000) two million Eight hundred thousand Saudi riyals to (15,000,000) fifteen million Saudi riyals, with an increase of an amount (12,200,000) twelve million two hundred thousand Saudi riyals by issuing number (1,220,000) One million two hundred and twenty thousand new shares, subscribed by new shareholders, numbering (65) shareholders, compared to Cash shares that have been paid in full, with a nominal value of ten (10) Saudi riyals.
The current capital of the company is (15,000,000) fifteen million Saudi riyals, divided into: (1,500,000) one million five hundred thousand ordinary shares, the value of each share of which is ten (10) Saudi riyals.
Paid in full.
Company s vision
The company seeks to be the fastest to reach its customers and meet their needs, and to work with a parallel plan to develop the funds of its shareholders and raise the market value, The company on the one hand, and the development of technical solutions in relation to its standards in preserving the environment on the other hand.
Company s message ,Developing and manufacturing savings products that meet all consumer needs.
The Company will be listed on the saudi exchange in September 4.2023.