MOYA Holding

MOYA Holding

MOYA holding is a joint venture between Bushnak Group and Gulf One Investment Bank. MOYA will be active in investing the water market covering opportunities in Desalination, Wastewater, Engineering, BOT/BOOT/BOO & water companies, manufacturing and development & investment in technologies.

In the initial years of its operations, Moya will primarily invest in water desalination, wastewater treatment and distribution projects which cater to the needs of industrial clients and/or municipalities. Moya will also consider investing in other profitable water companies in the target regions. The medium-long term objective of Moya is to become a global water company investing in attractive water projects throughout the world. In addition to the Investments, in the long term, Moya is expected to enter into new business lines including asset leasing, chemical & consumables manufacturing, industrial spare parts manufacturing and technology investments.

It is anticipated that the Shares of Moya will be listed on a suitable stock exchange within five years of launching it. Moya has several immediate investment opportunities inside the MENA region as well as in India. The total value of these immediate projects is expected to be around SR112 Million, some of which the sponsors to have already invested through their own capital. Moya's initial paid up capital is expected to be around SR185 Million, which is expected to reach to SR560 Million by the third year of operation.