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×Brief
Company Status: | Listed |
Business Activity: | A real estate property investment, development and management company. The company builds and operates residential and commercial centers around Saudi Arabia, primarily in Riyadh. |
Current Capital: | 900.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Real Estate Development |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 50.00 % |
Offer Price (Riyal): | 52.00 |
Issue Volume (M Riyal): | 1,560.00 |
Premium: | 42.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Shareholders registered on the date of the Extraordinary General Assembly on September 17, 2006 |
Use of Proceeds: | The net proceeds of the IPO will be used to fund three projects namely; Al Aqarya Plaza project, Al-Aqarya Commercial City project, and Aqaryat Al Yarmouk Villas project |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 9/24/2006 |
Subscription End Date: | 10/4/2006 |
Allocation Date: | 9/10/2006 |
Distribution Date: | 9/10/2006 |
Listing Date: | 10/14/2006 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Public Investment Fund | 242.14 | 64.57 % | 5,157.53 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | Arab National Bank |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | - |
Auditor: | - |
Receiving Bank: | Al Rajhi Bank, Arab National Bank, Saudi Awwal Bank |
IPO results
Proceeds: | SAR 1.8bn |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Saudi Real Estate Co.
Share Performance
Last Price: | 21.30 |
Change: | (2.73) % |
Market Cap (M): | 8,010.00 |
Turnover: | 17,360,184.00 |
Transactions: | 1,169.00 |
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