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×Brief
Company Status: | Listed |
Business Activity: | Owning, managing and developing real estate. |
Current Capital: | 1,230.37 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: | 100.00 % |
Offer Price (Riyal): | 52.50 |
Issue Volume (M Riyal): | 2,520.00 |
Premium: | 42.46 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Shareholders of record on April 8, 2006 |
Use of Proceeds: | The net proceeds of the issue will be used to implement the company's plan to expand into real estate projects in various regions of the Kingdom |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 4/15/2006 |
Subscription End Date: | 5/10/2006 |
Allocation Date: | 7/8/2006 |
Distribution Date: | 7/8/2006 |
Listing Date: | 7/8/2006 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
53.99 | 20.73 % | 2,297.42 | |
Mohamed Ibrahim Mohamed Al Issa | 23.91 | 9.18 % | 1,017.38 |
Public Investment Fund | 22.11 | 8.49 % | 940.91 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | - |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | - |
Auditor: | Saudi Accountants-Ibrahim Al Sabeel Co. And Partners |
Receiving Bank: | Riyad Bank, Saudi Awwal Bank |
IPO results
Proceeds: | SAR 1.614bn |
Subscription Percentage: | 64% |
No. of Subscribers: | 17.1K |
Allocation: | - |
Chart - Taiba Investments Co.
Share Performance
Last Price: | 42.55 |
Change: | 0.59 % |
Market Cap (M): | 11,082.57 |
Turnover: | 15,407,583.00 |
Transactions: | 1,512.00 |
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