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Jazan Development and Investment Co SJSC
Kournaish Street,
P.O.Box 127
Phone: +966 173222162p:+966 173222162 JIZAN, Saudi Arabia Ticker: 60906090
Business Summary
Jazan Development and Investment Company SJSC (JAZADCO) is a Saudi Arabia-based company, which is engaged in cultivation of mangoes, cultivation of shrimp in the seas, preservation of fish and fish products by cooling or freezing, cooling and freezing of fruits, production, and packaging of pure filtered water, hotels, and heritage hotels, purchase and sale of land and real estate, their division, and off-plan sales activities. The Company operates in following segments: The agricultural sector, where the group cultivates and reaps shrimp, in addition to the fruit farm; The commercial sector, where the group purifies and distributes bottled mineral water; and Investment properties sector, where the group leases buildings for commercial and residential purposes. The Company operates approximately six branches.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
0179 Fruits and tree nuts, not elsewhere classified
0273 Animal aquaculture
0711 Soil preparation services
6512 Operators of nonresidential buildings
5149 Groceries and related products, not elsewhere classified
6552 Land subdividers and developers, except cemeteries

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Abdulaziz A.Al-Rasheed 4/17/2013 4/17/2013
Chief Executive Officer Mohammed B.Al- Resheid 9/18/2022 9/18/2022
Vice Chairman of the Board Khalid B.Al Jawhar 4/17/2013 4/24/2010
6 additional Officers and Directors records available in full report.

Business Names
Business Name
6090
Gazan Agricultural Development Company
Jazan Development Company

General Information
Number of Employees: 311 (As of 12/31/2019)
Outstanding Shares: 50,000,000 (As of 12/31/2023)
Stock Exchange: SAU
Fax Number: +966 173222357


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Friday, April 19, 2024