Search Result
- TASI
-
Energy
- 2222 - SAUDI ARAMCO
- 2030 - SARCO
- 2380 - PETRO RABIGH
- 4030 - BAHRI
- 4200 - ALDREES
- 2381 - ARABIAN DRILLING
- 2382 - ADES
- 1201 - TAKWEEN
- 1202 - MEPCO
- 1210 - BCI
- 1211 - MAADEN
- 1301 - ASLAK
- 1304 - ALYAMAMAH STEEL
- 1320 - SSP
- 2001 - CHEMANOL
- 2010 - SABIC
- 2020 - SABIC AGRI-NUTRIENTS
- 2090 - NGC
- 2150 - ZOUJAJ
- 2170 - ALUJAIN
- 2180 - FIPCO
- 2200 - APC
- 2210 - NAMA CHEMICALS
- 2220 - MAADANIYAH
- 2240 - ZAMIL INDUST
- 2250 - SIIG
- 2290 - YANSAB
- 2300 - SPM
- 2310 - SIPCHEM
- 2330 - ADVANCED
- 2350 - SAUDI KAYAN
- 3002 - NAJRAN CEMENT
- 3003 - CITY CEMENT
- 3004 - NORTHERN CEMENT
- 3005 - UACC
- 3010 - ACC
- 3020 - YC
- 3030 - SAUDI CEMENT
- 3040 - QACCO
- 3050 - SPCC
- 3060 - YCC
- 3080 - EPCCO
- 3090 - TCC
- 3091 - JOUF CEMENT
- 3092 - RIYADH CEMENT
- 2060 - TASNEE
- 3008 - ALKATHIRI
- 3007 - OASIS
- 1321 - EAST PIPES
- 1322 - AMAK
- 2223 - LUBEREF
- 2360 - SVCP
- 1212 - ASTRA INDUSTRIAL
- 1302 - BAWAN
- 1303 - EIC
- 2040 - SAUDI CERAMICS
- 2110 - SAUDI CABLE
- 2160 - AMIANTIT
- 2320 - ALBABTAIN
- 2370 - MESC
- 4140 - SIECO
- 4141 - ALOMRAN
- 4142 - RIYADH CABLES
- 1214 - SHAKER
- 4110 - BATIC
- 4143 - TALCO
- 4031 - SGS
- 4040 - SAPTCO
- 4260 - BUDGET SAUDI
- 2190 - SISCO HOLDING
- 4261 - THEEB
- 4263 - SAL
- 4262 - LUMI
- 1810 - SEERA
- 6013 - DWF
- 1820 - BAAN
- 4170 - TECO
- 4290 - ALKHALEEJ TRNG
- 6002 - HERFY FOODS
- 1830 - Leejam Sports
- 6012 - RAYDAN
- 4291 - NCLE
- 4292 - ATAA
- 6014 - ALAMAR
- 6015 - AMERICANA
- 6016 - BURGERIZZR
- 4003 - EXTRA
- 4008 - SACO
- 4050 - SASCO
- 4190 - JARIR
- 4240 - CENOMI RETAIL
- 4191 - ABO MOATI
- 4051 - BAAZEEM
- 4192 - ALSAIF GALLERY
- 4001 - A.OTHAIM MARKET
- 4006 - FARM SUPERSTORES
- 4061 - ANAAM HOLDING
- 4160 - THIMAR
- 4161 - BINDAWOOD
- 4162 - ALMUNAJEM
- 4164 - NAHDI
- 4163 - ALDAWAA
- 2050 - SAVOLA GROUP
- 2100 - WAFRAH
- 2270 - SADAFCO
- 2280 - ALMARAI
- 6001 - HB
- 6010 - NADEC
- 6020 - GACO
- 6040 - TADCO
- 6050 - SFICO
- 6060 - SHARQIYAH DEV
- 6070 - ALJOUF
- 6090 - JAZADCO
- 2281 - TANMIAH
- 2282 - NAQI
- 2283 - FIRST MILLS
- 4080 - SINAD HOLDING
- 2284 - MODERN MILLS
- 2285 - ARABIAN MILLS
- 2286 - FOURTH MILLING
- 4002 - MOUWASAT
- 4004 - DALLAH HEALTH
- 4005 - CARE
- 4007 - ALHAMMADI
- 4009 - SAUDI GERMAN HEALTH
- 2230 - CHEMICAL
- 4013 - SULAIMAN ALHABIB
- 2140 - AYYAN
- 4014 - EQUIPMENT HOUSE
- 4017 - FAKEEH CARE
- 1010 - RIBL
- 1020 - BJAZ
- 1030 - SAIB
- 1050 - BSF
- 1060 - SAB
- 1080 - ANB
- 1120 - ALRAJHI
- 1140 - ALBILAD
- 1150 - ALINMA
- 1180 - SNB
- 2120 - SAIC
- 4280 - KINGDOM
- 4130 - ALBAHA
- 4081 - NAYIFAT
- 1111 - TADAWUL GROUP
- 4082 - MRNA
- 1182 - AMLAK
- 1183 - SHL
- 4083 - UIHC
- 8010 - TAWUNIYA
- 8012 - JAZIRA TAKAFUL
- 8020 - MALATH INSURANCE
- 8030 - MEDGULF
- 8040 - ALLIANZ SF
- 8050 - SALAMA
- 8060 - WALAA
- 8070 - ARABIAN SHIELD
- 8190 - UCA
- 8230 - ALRAJHI TAKAFUL
- 8280 - LIVA
- 8150 - ACIG
- 8210 - BUPA ARABIA
- 8270 - BURUJ
- 8180 - ALSAGR INSURANCE
- 8170 - ALETIHAD
- 8100 - SAICO
- 8120 - GULF UNION ALAHLIA
- 8200 - SAUDI RE
- 8160 - AICC
- 8250 - GIG
- 8240 - CHUBB
- 8260 - GULF GENERAL
- 8300 - WATANIYA
- 8310 - AMANA INSURANCE
- 8311 - ENAYA
- 8313 - RASAN
- 4330 - RIYAD REIT
- 4331 - ALJAZIRA REIT
- 4332 - JADWA REIT ALHARAMAIN
- 4333 - TALEEM REIT
- 4334 - AL MAATHER REIT
- 4335 - MUSHARAKA REIT
- 4336 - MULKIA REIT
- 4338 - ALAHLI REIT 1
- 4337 - SICO SAUDI REIT
- 4342 - JADWA REIT SAUDI
- 4340 - Al RAJHI REIT
- 4339 - DERAYAH REIT
- 4344 - SEDCO CAPITAL REIT
- 4347 - BONYAN REIT
- 4345 - ALINMA RETAIL REIT
- 4346 - MEFIC REIT
- 4348 - ALKHABEER REIT
- 4349 - ALINMA HOSPITALITY REIT
- 4350 - ALISTITHMAR REIT
- 4020 - ALAKARIA
- 4323 - SUMOU
- 4090 - TAIBA
- 4100 - MCDC
- 4150 - ARDCO
- 4220 - EMAAR EC
- 4230 - RED SEA
- 4250 - JABAL OMAR
- 4300 - DAR ALARKAN
- 4310 - KEC
- 4320 - ALANDALUS
- 4321 - CENOMI CENTERS
- 4322 - RETAL
- NOMU
-
Media and Entertainment
Consumer Durables & Apparel
Real Estate Mgmt & Dev't
Food & Beverages
- 9515 - FESH FASH
- 9532 - ALJOUF WATER
- 9536 - FADECO
- 9556 - NOFOTH
- 9559 - BALADY
- 9564 - HORIZON FOOD
- 9555 - LEEN ALKHAIR
- 9612 - SAMA WATER
- 9518 - CMCER
- 9530 - TIBBIYAH
- 9527 - AME
- 9544 - FUTURE CARE
- 9546 - NABA ALSAHA
- 9574 - PRO MEDEX
- 9594 - ALMODAWAT
- 9572 - ALRAZI
- 9587 - LANA
- 9600 - QOMEL
- 9604 - MIRAL
- 9616 - JANA
- 9513 - WATANI STEEL
- 9514 - ALNAQOOL
- 9523 - GROUP FIVE
- 9539 - AQASEEM
- 9548 - APICO
- 9553 - MOLAN
- 9565 - MEYAR
- 9552 - SAUDI TOP
- 9563 - BENA
- 9566 - LIME INDUSTRIES
- 9580 - ALRASHID INDUSTRIAL
- 9583 - UNITED MINING
- 9576 - PAPER HOME
- 9588 - RIYADH STEEL
- 9575 - MARBLE DESIGN
- 9599 - TAQAT
- 9601 - ALRASHEED
- 9605 - NEFT ALSHARQ
- 9607 - ASG
- 9609 - NAAS PETROL
- 9510 - NBM
- 9528 - GAS
- 9531 - OBEIKAN GLASS
- 9533 - SPC
- 9529 - RAOOM
- 9525 - ALWASAIL INDUSTRIAL
- 9542 - KEIR
- 9547 - RAWASI
- 9568 - MAYAR
- 9569 - ALMUNEEF
- 9578 - ATLAS ELEVATORS
- 9560 - WAJA
- 9611 - UFG
- 9540 - TADWEEER
- 9545 - ALDAWLIAH
- 9570 - TAM DEVELOPMENT
- 9581 - CLEAN LIFE
- 9593 - PAN GULF
- 9597 - LEAF
- 9608 - ALASHGHAL ALMOYSRA
- 9606 - THARWAH
- 9613 - SHALFA
- 9619 - MULTI BUSINESS
- 9541 - ACADEMY OF LEARNING
- 9562 - FOOD GATE
- 9590 - ARMAH
- 9526 - JAHEZ
- 9598 - ALMOHAFAZA FOR EDUCATION
- 9603 - HORIZON EDUCATIONAL
- 9567 - GHIDA ALSULTAN
- 9617 - ARABICA
Sign In
×Forgot password?
×- Bank Ranking Banks Ratios Cement Statistics Cement Ranking Cement Ratios Monetary and Economic Statistics Oil, Gas and Fuel Macro Economy Consumer Spending Inflation Exports & Imports Food Prices Non Food Prices Construction Materials Petrochem. Ranking Petrochem. Ratios Retail Rankings Retail Ratios Grocery Ranking Grocery Ratios Top Growth Dividend History
Arabian Centres Co. will launch its initial public offering (IPO) for retail investors today, Thursday, May 9. The offering will extend today only until 11:59 PM.
Retail investors will subscribe to 9.5 million shares, at SAR 26 per share.
The Capital Market Authority (CMA) approved on April 15 a request from Arabian Centres Co. to float 95 million shares, or 20% percent of its capital in a public offering.
A 90 percent of total IPO shares were allocated for institutions, with the remaining 10 percent offered to retail investors.
A total of 65 million shares will be sold by existing shareholders, while 30 million shares will be issued by the company through a capital hike.
The IPO is the third offering on Tadawul year to date, after Maharah Human Resource Co., which kicked off yesterday. Al Moammar Information Systems Co. also launched its public offering in March.
Arabian Centres was established in 2002 as a closed joint stock company. It is a subsidiary of Fawaz Alhokair Group and specializes in mall management, tenant relations and leasing.
The company operates through six affiliates, as follows:
Company’s Active Affiliates |
||||
No. |
Affiliate |
Capital (SAR ‘000) |
Direct stake % |
Indirect stake % |
1 |
Riyadh Centers Co Ltd |
500 |
95 % |
5 % |
2 |
Qassim for Entertainment and Commercial Projects Co. (owned by Abdulmohsen Alhokair & partners) |
500 |
50 % |
0 % |
3 |
Oyoun Al Basateen Trading Co. |
100 |
95 % |
5 % |
4 |
Oyoun Al Raed Trading Complex Co. |
100 |
95 % |
5 % |
5 |
Al Bawarij International For Development & Real Estate Investment Co. |
500 |
95 % |
5 % |
6 |
Makarem International Real Estate Development Co.
|
500 |
95 % |
5 % |
The company has 12 non-active affiliates.
Company Profile |
|
Company |
Arabian Centres Co. |
Stock market |
TASI- Main Market |
Company’s core business |
Owns and runs malls |
Company’s status |
Active |
Company’s current capital |
SAR 4.45 bln |
Company’s capital after IPO |
SAR 4.75 bln |
IPO Details |
|
IPO Percentage |
20% (95 mln shares) |
Number of IPO shares for retail investors |
9.5 mln shares |
IPO % for retail investors |
10% of total IPO shares |
IPO price per share |
SAR 26 |
IPO size for retail investors |
SAR 247 mln |
Eligible investors |
Saudis and GCC investors |
IPO minimum for retail investors |
10 shares |
IPO minimum for institutional investors |
100,000 shares |
IPO maximum for retail & institutional investors |
23.75 mln shares |
IPO period for retail investors |
One day, May 9, 2019 |
Allotment |
May 14, 2019 |
Surplus repayment |
May 14, 2019 |
Additional Details |
|
Lead manager, Financial advisor, lead manager for institutional investors, main IPO coordinator and main underwriter |
Samba Capital |
Financial advisor, lead manager for institutional investors and underwriter |
Samba Capital, Morgan Stanley, NCBC |
Financial advisor, lead manager for institutional investors |
Goldman Sacs , EFG Hermes KSA |
Financial advisor, lead manager for institutional investors and price stabilization manager |
Goldman Sacs |
Underwriters |
Morgan Stanley Saudi Arabia, NCBC |
lead manager for institutional investors |
CitiGroup, Emirates NBAD Capital, Credit Suisse, EFG Hermes |
lead manager for institutional investors residing outside the Kingdom |
Natixis |
Receiving banks |
NCB, Samba |
IPO cost |
Estimated at SAR 180 mln will be distributed on sellers and the company on a prorate basis according to sold shares and IPO issued shares |
Major Shareholders After IPO |
||||
Shareholder |
Number of shares before IPO (mln) |
Stake % |
Number of shares after IPO (mln) |
Stake % |
Fawaz Abdulaziz Alhokair |
44.50 |
10 % |
38.00 |
8 % |
Sulaiman Abdulaziz Alhokair |
44.50 |
10 % |
38.00 |
8 % |
Abdul Majeed Abdulaziz Alhokair |
44.50 |
10% |
38.00 |
8 % |
Al Fareeda 1 |
22.25 |
5 % |
19.00 |
4 % |
Al Fareeda 2 |
22.25 |
5 % |
19.00 |
4 % |
Al Fareeda 3 |
22.25 |
5 % |
19.00 |
4 % |
FAS Real Estate Co. |
231.40 |
52 % |
197.60 |
41.6 % |
Sa’af International Co. |
13.35 |
3 % |
11.40 |
2.4 % |
Public |
-- |
-- |
95.00 |
20.0 % |
Total |
445.00 |
100 % |
475.00 |
100.00 % |
Recent IPOs |
|||
Company |
IPO price (SAR) |
Number of shares for retail investors (mln share) |
Coverage ratio % (retail) |
2019 |
|||
Al Moammar |
45 |
0.71 |
149% |
Maharah HR* |
-- |
1.13 |
-- |
2018 |
|||
National Learning |
19 |
1.30 |
327 % |
Leejam |
52 |
1.57 |
245 % |
2017 |
|||
Al Waha |
51 |
0.9 |
263 % |
2016 |
|||
L’Azurde |
37 |
3.87 |
293 % |
Al Yamamah Steel |
36 |
4.57 |
479 % |
Saudi German Hospital |
64 |
8.28 |
274 % |
2015 |
|||
Alandalus |
18 |
8.40 |
464 % |
SGS |
50 |
22.60 |
339 % |
SACO |
70 |
2.88 |
620 % |
MEPCO |
30 |
6.00 |
473 % |
*IPO still ongoing.
Related News
Alhokair’s Arabian Centres gets CMA nod for IPO |
Market Indices
Quotes
Popular Links
Quick Links
About Us
Join Us
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}