Saudi Arabian Mining Syndicate, Limited - Mining Stock Certificate
Inv# MS3411 Stock
Saudi Arabia
Stock with some fold wear. Uncancelled and not negotiable.
Incorporated under the Companies Act (Bahama Islands). Unlikely the same company, but it does hold a similar name: MA'ADEN (Saudi Arabian Mining Co.) is a Saudi state-owned mining company headquartered in Riyadh. It was formed as a Saudi joint stock company on 23 March 1997 for the purpose of facilitating the development of Saudi Arabia's mineral resources. The Saudi government still owns 50% of its shares while the remaining 50% are listed in Tadawul (Stock Market). It is the largest mining company in Saudi Arabia. Read more at https://en.wikipedia.org/wiki/Maaden_(company)
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
Ebay ID: labarre_galleries