AI Summary
Logo of Khaled Dhafer & Brother’s Logistics Services Co.
Khaled Dhafer & Brother’s Logistics Services Co. (KDL Logistics) issued today, Oct. 26, the prospectus to float 700,000 shares, or 20% of capital, on the Nomu-Parallel Market.
The offering will run during the period from Nov. 30 to Dec. 3, 2025, and is limited to qualified investors, as per the Capital Market Law provisions.
In September, the CMA approved the company's application to list its shares on Nomu.
The company was established in 1980 in Riyadh; its actual activities include land transport, customs clearance, land and air freight, and warehousing and storage services.
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Company Profile |
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Company |
Khaled Dhafer & Brother’s Logistics Services Co. (KDL Logistics) |
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Market |
Nomu |
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Core Activities |
Transport and freight |
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Capital |
SAR 35 mln |
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No. of Shares |
SAR 3.5 mln |
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Nominal Value |
SAR 10 |
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IPO Summary |
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Issue Percentage |
20% |
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Offered shares |
700,000 shares |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
174,990 shares |
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Offering Period |
It will run for four working days from Sept. 30 to Dec. 3, 2025 |
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Final Allocation |
Dec. 8, 2025 |
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Refund (if any) |
Dec. 10, 2025 |
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Company Shareholders |
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Shareholders |
Before IPO |
After IPO |
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Number of Shares (‘000) |
Ownership (%) |
Number of Shares (‘000) |
Ownership (%) |
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Khalid Mohamed Dhafer Al Qahtani |
1,284.5 |
36.70% |
1,027.6 |
29.36% |
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Hazzaa Mohamed Dhafer Al Qahtani |
1,284.5 |
36.70% |
1,027.6 |
29.36% |
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Abdullah Mohamed Dhafer Al Qahtani |
931.0 |
26.60% |
744.8 |
21.28% |
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QFIs |
-- |
-- |
700 |
20.00% |
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Total |
3,500 |
100% |
3500 |
100% |
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Additional Information |
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Financial Advisor and Lead Manager |
Arbah Capital |
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Receiving Banks |
Derayah Financial, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, Albilad Capital, AlJazira Capital, Alistithmar Capital, Alinma Investment, ANB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, GIB Capital, EFG-Hermes, Musharaka Capital, Awaed Alosool Capital, and Yaqeen Capital. |
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