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×Brief
Company Status: | Listed |
Business Activity: | The company establishes, manages and operates hospitals, clinics and medical centers. |
Current Capital: | 920.40 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 64.00 |
Issue Volume (M Riyal): | 1,767.04 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Million Shares |
Available Shares (Institutions): | 19.33 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 4.60 Million Shares |
Eligibility : | Saudi citizens and subscribed institutions |
Use of Proceeds: | ًWill be Distributed to the shareholders after deducting the floating cost amounted to 55 million. |
Restrictions on Dealing in Shares: | major shareholders may not dispose of any of their shares during a period of twelve (18) months from the date on which the Subscription Shares began trading on the Tadawul only after obtaining the approval of the Monetary Foundation. |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 3/3/2016 |
Subscription End Date: | 3/9/2016 |
Allocation Date: | 3/16/2016 |
Distribution Date: | 3/16/2016 |
Listing Date: | 3/29/2016 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Bait Al Batterjee Medical Co. Ltd. | 50.34 | 54.69 % | 4,605.81 |
Advisors
Lead Manager: | Samba Capital and Investment Management Company |
Underwriter: | Samba Capital and Investment Management Company |
Financial Advisor: | Samba Capital and Investment Management Company |
Legal Advisor: | Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | Aldar Audit Bureau Abdullah Al Basri & Company |
Receiving Bank: | The Saudi National Bank, Riyad Bank, Al Rajhi Bank, Arab National Bank, Saudi Awwal Bank, Banque Saudi Fransi, Samba Financial Group |
IPO results
Proceeds: | SAR 1453.6mln |
Subscription Percentage: | 274.2% |
No. of Subscribers: | 406K |
Allocation: | At least 10 shares for each subscriber |
Chart - Middle East Healthcare Co.
Share Performance
Last Price: | 91.50 |
Change: | 0.44 % |
Market Cap (M): | 8,421.66 |
Turnover: | 6,022,069.00 |
Transactions: | 634.00 |
Share Stats
First Day Open: | 70.25 |
First Day High: | 70.25 |
First Day Low: | 70.25 |
First Day Close: | 70.25 |
1st Day Change: | 9.77 % |
1st Month Change: | 17.83 % |
1st year Change: | 13.30 % |
Since listing: | 42.97 % |
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