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×Brief
Company Status: | Listed |
Business Activity: | The Company operates an integrated production/manufacturing complex that produces refined petroleum and petrochemical products. |
Current Capital: | 8,760.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Petrochemical Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 33.33 % |
Offer Price (Riyal): | 14.71 |
Issue Volume (M Riyal): | 4,599.00 |
Premium: | 11.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 1.00 Million Shares |
Available Shares (Institutions): | 109.50 Million Shares |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | For Retail Investors, Individual nationals of the kingdom of Saudi Arabia |
Use of Proceeds: | The net proceeds of the offering will be used to finance the company's operations. The founding shareholders will not receive any proceeds from the offering |
Restrictions on Dealing in Shares: | The Main shareholders may not dispose of any shares before (1) three years from the formation of the company or (2) the commencement of commercial operations whichever happens later (the “Lock-Up Period “). After the shares restrictions are elapsed, the Founding shareholders may only dispose of their shares after obtaining CMA's approval. The Founding shareholders are expected to own 75% of the company until long term loans are fully settled. |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 1/5/2008 |
Subscription End Date: | 1/12/2008 |
Allocation Date: | 1/17/2008 |
Distribution Date: | 1/17/2008 |
Listing Date: | 1/27/2008 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
The Saudi Arabian Oil Company | 626.63 | 37.50 % | 4,781.15 |
Sumitomo Chemical Co. | 626.63 | 37.50 % | 4,781.15 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | Riyad Bank, Saudi Awwal Bank |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | White & Case LLP |
Auditor: | KPMG Al Fozan & Partners |
Receiving Bank: | Al Rajhi Bank, Bank Albilad, Arab National Bank, Bank Aljazira, Riyad Bank, Saudi Awwal Bank, Samba Financial Group, Banque Saudi Fransi, Alawwal Bank, Saudi Investment Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 16.02bn |
Subscription Percentage: | 348% |
No. of Subscribers: | 5400K |
Allocation: | Total amount of subscrbed shares have been allocated for those who has subscribed to 40 shares or less, while 41 shares have been allocated for those subscribed to 50 or more shares |
Chart - Rabigh Refining and Petrochemical Company
Share Performance
Last Price: | 7.63 |
Change: | 2.12 % |
Market Cap (M): | 12,849.99 |
Turnover: | 29,771,617.00 |
Transactions: | 2,397.00 |
Share Stats
First Day Open: | 30.13 |
First Day High: | 36.79 |
First Day Low: | 29.60 |
First Day Close: | 36.61 |
1st Day Change: | 148.81 % |
1st Month Change: | 144.05 % |
1st year Change: | (15.48 %) |
Since listing: | (47.74 %) |
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