United Carton Industries Co.

manufacturing pulp, paper, and cardboard, manufacturing corrugated paper, cardboard, and paper-based containers, manufacturing various types of paper and cardboard products, manufacturing paints, varnishes, similar coatings, printing inks, and mastic pastes, repairing machines, collection of non-hazardous waste, wholesale of other household goods, wholesale of other machinery and equipment, wholesale of solid, liquid, gaseous fuels and related products, wholesale of solid, liquid, gaseous fuels and related products, wholesale of waste, scrap, and other uncategorised products, retail sale of textiles in specialised stores, retail sale of metal tools, paint, and glass in specialised stores, retail sale of carpets, rugs, floor and wall coverings in specialised stores, retail sale of books, newspapers, and office supplies in specialised stores, retail sale of new goods in specialised stores, retail sale of used goods, and storage.

Company History

The Company was incorporated on 13/02/1409H as an LLC with a capital of SAR 9,600,000 and CR 4030065231 on 18/09/1409H. Zamil Holding contributed 40%, Omar Kassem Alesayi & Co 30% and Abdulrahman Anam 30%. On 20/03/1411H, the Companys capital increased to SAR 14,000,000. On 14/10/1411H, the Companys capital increased to SAR 19,000,000. On 12/06/1413H, the Companys capital increased to SAR 24,000,000. On 30/07/1415H, the Companys capital increased to SAR 30,500,000. On 15/01/1417H, the Companys capital increased to SAR 31,600,000. Abdulrahman Anam transferred 30% to Frimex Investment. On 23/10/1424H, the Companys capital increased to SAR 50,000,000. In 2001G, the capital of Saudi Carton Factory was acquired for SAR 73.2 million and on 9/01/1430H, it was merged with the Company and was converted into a branch, the Companys capital increased to SAR 56,750,000. On 18/03/1437H, the Companys capital increased to SAR 200,000,000. On 6/04/1438H, the Company was converted into a closed joint stock company and Zamil Holding transferred 5% to Zamil Investment and 5% to Eastern Industrial Investment. On 19/10/1445H, the Companys capital increased to SAR 400,000,000.

Company Bylaws

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Equity Profile

  • Authorized Capital  (^)400,000,000
  • Issued Shares40,000,000
  • Paid Capital  (^)400,000,000
  • Par Value/Share10
  • Paid Up Value/Share10

Last Update :2025-05-27

Investment limits

There are no investment limits on the company’s shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on Company’s bylaw and the issued Instructions by related regulators and supervisory authorities.

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established1988/09/24
  • Financial Year End31/12
  • Listing Date2025/05/27
  • External Auditors[Ernst & Young Professional Services, PricewaterhouseCoopers – Public Accountants]
  • ISIN CODESA16AGP0KLH7
  • Number of Employees1163

Investor Relations

Contact Name:

Bandar Malik Hammad Alshammari

Company Address:

Industrial Area Phase 5, P.O. Box 31503, Jeddah 21418, Kingdom of Saudi Arabia

Contact Details:

Telephone: +966122244100
Fax : +966126368789
Email : [email protected]

Company Website:

www.ucic.com.sa

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