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×Brief
Company Status: | Listed |
Business Activity: | A real estate investment, development and management company based in Makkah. The company is a major shareholder in Jabal Omar project. |
Current Capital: | 1,648.16 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: | 13.81 % |
Offer Price (Riyal): | 50.00 |
Issue Volume (M Riyal): | 1,000.00 |
Premium: | 40.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Shareholders registered on the record date 12/12/2005 |
Use of Proceeds: | The net proceeds of the offering will be used as follows: 1- SAR 722mn for Jabal Omar Real Estate Development Company 2- SAR 268mn as a down payment for the purchase of land from Jabal Omar Co. |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 5/15/2006 |
Subscription End Date: | 6/11/2006 |
Allocation Date: | 6/17/2006 |
Distribution Date: | 6/17/2006 |
Listing Date: | 6/17/2006 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Saudi Binladin Group | 20.68 | 12.55 % | 2,287.70 |
Al-Salihat Investment Company (one person company) | 8.57 | 5.20 % | 947.89 |
Advisors
Lead Manager: | Riyad Capital |
Underwriter: | - |
Financial Advisor: | Swicorp Joussour Co. |
Legal Advisor: | - |
Auditor: | - |
Receiving Bank: | Riyad Bank |
IPO results
Proceeds: | SAR 1.88bn |
Subscription Percentage: | 188% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Makkah Construction and Development Co.
Share Performance
Last Price: | 110.60 |
Change: | (3.51) % |
Market Cap (M): | 18,096.82 |
Turnover: | 7,306,222.00 |
Transactions: | 665.00 |
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