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×Brief
Company Status: | Listed |
Business Activity: | The company runs restaurants and cafes, and provides full-fledged catering services |
Current Capital: | 246.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Cancelled |
Exchange Market: | TASI |
Sector: | Agriculture and Food Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 720.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 216.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Registered Shareholders and New Investors . |
Use of Proceeds: | _ Change of identity to “Juice Time” brand (SAR 8 million), _ Purchase of location for the Company's headquarters (SAR 10 million), _ Expansion in branches (SAR 10 million), _ Construction of juice plant (SAR 15 million), _ Investment in companies "same business" (SAR 42.48 million), _ Investment in companies "new business" (SAR 111.52 million), _ Offering Costs (SAR 19 million) . |
Restrictions on Dealing in Shares: | There are no restrictions on trading Company shares, except for the regulatory restrictions on generally-listed shares, including the ownership restrictions imposed on foreign investors . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 8/3/2023 |
The minimum & maximum offering price: | - |
Subscription End Date: | - |
Allocation Date: | - |
Distribution Date: | - |
Listing Date: | - |
Advisors
Lead Manager: | Yaqeen Financial Company |
Underwriter: | Al Wasatah Al Maliah Company |
Financial Advisor: | Yaqeen Financial Company |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | Al Kharashi & Company Certified Accountants and Auditors |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Development Works Food Co.
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