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×Brief
Company Status: | Listed |
Business Activity: | The company owns and operates a fleet of Very Large Crude Carriers (VLCCs) and tankers that transport oil, petrochemicals and cargo. |
Current Capital: | 3,150.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Transportation |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 40.00 % |
Offer Price (Riyal): | 10.67 |
Issue Volume (M Riyal): | 1,440.00 |
Premium: | 6.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | The capital increase will be used to finance part of the expansion projects approved in the company's strategic plan |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 4/2/2007 |
Subscription End Date: | 4/11/2007 |
Allocation Date: | 4/16/2007 |
Distribution Date: | 4/16/2007 |
Listing Date: | 4/16/2007 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Public Investment Fund | 166.48 | 22.55 % | 4,594.91 |
Saudi Aramco for Development company | 147.66 | 20.00 % | 4,075.31 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | Saudi Awwal Bank |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | Linklaters LLP - UAE, Al-Fraih Law Office |
Auditor: | Deloitte Touche Tohmatsu, KPMG Al Fozan & Partners, Al Fowzan & Banaga KPMG |
Receiving Bank: | Riyad Bank, Saudi Awwal Bank, Samba Financial Group, The Saudi National Bank |
IPO results
Proceeds: | SAR 2284mn |
Subscription Percentage: | 158.6% |
No. of Subscribers: | - |
Allocation: | 2 shares were allocated for every 5 shares |
Chart - National Shipping Company of Saudi Arabia
Share Performance
Last Price: | 27.60 |
Change: | 0.92 % |
Market Cap (M): | 20,339.61 |
Turnover: | 25,542,584.00 |
Transactions: | 1,170.00 |
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