Hail Cement Company
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Hail Cement Company, is a Qassim Cement Company affiliate. On the date of Dhu al-Hijjah 4, 1445 AH, corresponding to June 10, 2024 AD, Qassim Cement Company announced the completion of the acquisition deal for Hail Cement Company, by increasing the capital through the issuance of new shares to Hail Cement Company shareholders, (0.21) shares. A new share in Qassim Cement for every share in Hail Cement, and the extraordinary general assembly of the two companies voted to approve the deal.
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