Asyaf Investment Company and AmoHamza Restaurants Company announce the establishment of the “Asyaf Private Equity Fund (5)” and the subsequent management by Asyaf Investment Company over the ownership of all shares of the AmoHamza Restaurants chain.
Mr. Aiman bin Khaled Al-Ateeqi, Managing Director and CEO of Asyaf Investment Company, commented: “We are pleased to have the opportunity to invest in the AmoHamza restaurant chain, as it is one of the distinguished restaurants that has established a renowned brand among Saudis in the seafood restaurant market. Asyaf Company believes that cooperation with AmoHamza Restaurants Company will result in the development of a prominent entity in the seafood industry within a short period, through a joint project and merger between multiple companies in the same field. There is an opportunity and a strong desire to restore the AmoHamza Restaurants chain to its previous state through its listing on the Saudi market (Nomu). Mr. Aiman Al-Ateeqi added, “Asyaf Company is also looking forward to targeting other companies and listing them on the parallel Saudi market (Nomu) within two years or less, God willing.”
Mr. Mohammed Al-Zahrani, founding partner of AmoHamza Restaurants, also commented.
AmoHamza® was founded in Riyadh, Saudi Arabia in 1990. With creativity, in-house culinary expertise, a rich heritage, and 34 years of culture, AmoHamza® has become the largest organized seafood chain not only in Saudi Arabia but also in the GCC region. AmoHamza® has elevated seafood cuisine to new heights, and its vision, mission, and values have played a major role in enhancing consumers’ confidence in the seafood industry. It has become the preferred seafood brand for families in Saudi Arabia. Combining innovation with tradition, AmoHamza® proudly serves customers in Riyadh, Jeddah, and Breida through a wide range of services, including dine-in, take-away, home delivery, its own ordering application, major aggregators, outdoor catering and events, as well as cloud kitchens. The AmoHamza® trademark is patented in more than 10 countries in the Middle East.
About Asyaf Investment Company:
Asyaf Investment is a Saudi company that specializes in investment management in private markets. It operates based on a unique business model that aims to provide investment opportunities in various assets, including private equity, venture capital, private debt instruments, and original assets.
Asyaf Investment Company is a registered Saudi company under the laws of the Kingdom of Saudi Arabia. Its main office is located in Riyadh, Kingdom of Saudi Arabia. Asyaf Investment Company is licensed by the Capital Markets Authority to engage in activities related to management, operation, and monitoring of investors, planning innovations and investments, and contributing to securities business. This is in accordance with Law No. 32-20213 and its application to the Council of the Capital Market Authority on 9/14/2020.
For more information, please contact:
Asyaf Investments Company
920000378
