Palestine Development & Investment (PADICO)

Ramallah
Currency in USD
Disclaimer
1.360
0.000
(0.00%)
Real-time Data
Day's Range
1.360
1.360
52 wk Range
1.250
1.500
Volume
1,960
Bid/Ask
1.360 / 1.370
Prev. Close
1.36
Open
1.36
Day's Range
1.36-1.36
52 wk Range
1.25-1.5
Volume
1,960
Average Volume (3m)
98,259
1-Year Change
10.57%
Shares Outstanding
198,905,075
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Daily
Weekly
Monthly
More

Palestine Development & Investment Company Profile

Palestine Development & Investment Co. is a private equity and venture capital firm specializing in seed, start-ups, early stage and growth capital investments. The firm primarily invests in companies in industrial buildings and warehouses; commercial and institutional buildings; telecommunications and information technology; tourism, real estate development; energy and environment; electric utilities; security and commodity exchanges; mortgage services; manufacturing; infrastructure; hotel and motel construction; Recreation Clubs; Restaurants; Plastic Products; water and waste water treatment; power generation; solid waste recycling; finance, financial services, capital markets, and banking; and industry and agriculture. It seeks to invest in Palestinian authority, Jordan, and Iran. It seeks to invest a minimum of $1 million in firms with an enterprise value of minimum $5 million. The firm prefers to invest through major three categories, Subsidiary Investments, Affiliate Investments, and Investments in Other Companies. For subsidiary investments, it prefers to take more than 50%, and controlling stake in investments. For Affiliate Investments, it prefers to take owns 20% or more of the capital of the affiliate company, granting an influence on both financial and operational policies. For Investments in Other Companies, it prefers to own less than 20% of the capital, and has limited influence in the decision-making process. The firm is active partner in its investee companies but does not seek control investments. It seeks to exit its investments between five years and seven years. The firm makes investments through personal capital and balance sheet. The firm is based in Rawabi, Palestinian Authority, with additional office in Amman, Jordon.