Sign In
×Brief
Company Status: | Unlisted |
Business Activity: | The company provides fixed-line telephone services as the third operator in Saudi Arabia. |
Current Capital: | 1,000.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Telecom & IT |
Country: | |
Offered Shares (M): | |
Offered Percentage: | 53.85 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 350.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | The net proceeds of the IPO will be used to pay the fees for the license and the spectrum |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 5/2/2011 |
Subscription End Date: | 5/8/2011 |
Allocation Date: | 5/14/2011 |
Distribution Date: | 5/14/2011 |
Listing Date: | 6/28/2011 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Ministry of Finance | 35.00 | 35.00 % | - |
Al Mawarid Investment Co. Ltd. | 28.00 | 28.00 % | - |
PCCW Cascade Middle East Company Ltd. | 15.00 | 15.00 % | - |
Integrated Telecom Company Ltd. | 8.00 | 8.00 % | - |
Al Mawarid Electronics Company Ltd. | 7.00 | 7.00 % | - |
Public Pension Agency | 5.00 | 5.00 % | - |
Advisors
Lead Manager: | Al-bilad Investment Co. |
Underwriter: | Al-bilad Investment Co. |
Financial Advisor: | Al-bilad Investment Co. |
Legal Advisor: | The Law Office of Abdulaziz H. Al Fahad and Partners |
Auditor: | - |
Receiving Bank: | The Saudi National Bank |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Saudi Integrated Telecom Company
Call Request