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ViA News

2007-12-09
Position Update of ViA
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2007-11-09
Poem 73a - ViA and the Internet
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2007-06-15
ViA USA LLC incorporated

2007-12-09
Position Update of ViA
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2007-12-09

Position Update of ViA
 
Legal Structure
The ViA Group was founded by the Swedish innovator and entrepreneur, Lars Olof Kanngard (1956), who came to settle down in Dubai already 1998.

As of April 2008, a new holding company has been formed, namely ViA Holding Ltd, which has three (3) owners:

Lars Olof Kanngard

ASTRA ( Arab Supply and Trading Company)

Tech Invest Com

ViA Holding holds today 72% of the ownership of ViA International Co Ltd, which in the main operational company within
the group.

Two of ViA's Investor Groups are major Saudi institutions with diverse business interests:

ASTRA (Arab Supply & Trading Co) Riyadh , Kingdom of Saudi Arabia is a group of companies founded in the
late 1960's by Mr. Sabih Taher Masri.

ASTRA has succeeded in achieving a prominent position among the largest companies operating in the Kingdom.

Built an excellent reputation.

The Group is currently ranked 32 among the top 100 Saudi companies.

ASTRA is the second largest privately owned Group in the Kingdom .

The Group employs more than 5,000 employees.

The Group has grown steadily and today is involved in a diverse range of businesses from agriculture and trading to manufacturing, contracting and services as well as telecoms. ASTRA is also involved in the medical, health care and real estate industries as well as in banking and finance. The Group has subsidiaries and affiliates throughout the Middle East . ASTRA is the second largest privately-owned company in the Kingdom of Saudi Arabia . The Group employs more than
5000 employees.

ASTRA has set the benchmark for every field in which it operates by maintaining a balance between cost efficiency and quality through the implementation of new technologies and advanced management techniques.

TECH INVEST COM (Technology Investment Company) is a Saudi Joint Stock Company which specialises in investments related to information technologies, telecommunications and other knowledge-based industries. The Company was established as a result of the change in strategy of NIS , a Saudi Limited Liability Company specialising in IT projects
and the provision of related professional services (including advisory, management, provision of specialised manpower
and training).

Tech Invest entered the investment into and development of IT and telecommunications companies. Investors involved
with Tech Invest are:

•  Olayan Finance Company (OFC) a Top 10 Saudi Company
•  Bright Stars for Trading (a Bin Ladin Group Company). Known for their construction activities of the past 80 years, the
Bin Ladin Group is also involved in building materials, IT, telecommunications, banking and finance, petrochemicals and
water desalination.
•  Abdulrahman bin Saad Al-Rashed & Sons, a prominent Real Estate Developer and investor in private and publicly-traded securities locally and regionally.
•  Mr Abdulrahman Mazi, an IT Specialist on the Boards of several private and publicly-traded Saudi Company. Mr Mazi is
also an advocate of the importance of the IT industries to Government.
•  Sheikh Abdulaziz bin Ibrahim Al-Ibrahim
•  Sheikh Khalid bin Ibrahim Al-Ibrahim
•  Sheikh Majid bin Ibrahim Al-Ibrahim
•  Mr. Abdulaziz bin Ali bin Rayess
•  Mr. Tariq bin Abdulaziz Al-Saleh
•  HRH Prince Faisal bin Saud bin Abdulmohsin bin Abdulaziz
•  Mr. Nasser bin Mohammed Al-Mutawwa
•  Mr. Mohammed bin Abdullah Al-Jammaz
•  Mr. Abdullah bin Saad Al-Rashed

 
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