---
title: "ZAWYA-SNG: Saudi: United Mining Industries’ shareholders to sell 504.5mln stakes"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/273458005.md"
description: "Major shareholders of United Mining Industries Company plan to sell 8.85 million shares, representing 63.20% of the capital, for SAR 504.48 million. The entire stakes will be sold to Knauf International GmbH at a nominal value of SAR 57 per share, pending regulatory approvals. The transaction will be executed as a negotiated deal in accordance with the Saudi Exchange’s procedures."
datetime: "2026-01-23T03:12:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273458005.md)
  - [en](https://longbridge.com/en/news/273458005.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273458005.md)
---

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# ZAWYA-SNG: Saudi: United Mining Industries’ shareholders to sell 504.5mln stakes

_First published: 23-Jan-2026 07:12:04_

**Staff Writer**

Riyadh – Major shareholders of United Mining Industries Company plan to sell 8.85 million shares, equivalent to 63.20% of the capital, for SAR 504.48 million.

The shareholders will sell their entire stakes in the Tadawul-listed company to Knauf International GmbH at a nominal value of SAR 57 per share, according to a bourse filing.

Subject to regulatory approvals, the private transaction will be executed as a negotiated deal in accordance with the Saudi Exchange’s (Tadawul) procedures.

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