Sign In
×Brief
Company Status: | Listed |
Business Activity: | The company is a provider of medical insurance services |
Current Capital: | 400.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Insurance |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 66.67 % |
Offer Price (Riyal): | 2.67 |
Issue Volume (M Riyal): | 160.00 |
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 : | Saudi citizens |
Use of Proceeds: | The net proceeds from the IPO will be used acquire Bupa Middle East and develop the company's insurance business |
Restrictions on Dealing in Shares: | The Founding shareholders may not dispose any of their shares before three years "Lock Up Period" from the establishment date . After the shares restrictions are elapsed, the Founding shareholders may only dispose their shares after obtaining CMA's approval |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 3/8/2008 |
Subscription End Date: | 3/15/2008 |
Allocation Date: | 3/20/2008 |
Distribution Date: | 3/20/2008 |
Listing Date: | 5/17/2008 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
BUPA Investments Overseas Co. Ltd. | 64.88 | 43.25 % | 15,920.33 |
Nazer Holding Group Co. | 7.52 | 5.01 % | 1,844.18 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | - |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | White & Case LLP |
Auditor: | Deloitte Touche Tohmatsu, Ernst & Young Professional Services Co |
Receiving Bank: | Arab National Bank, Riyad Bank, Saudi Awwal Bank, Samba Financial Group, The Saudi National Bank |
IPO results
Proceeds: | SAR 1.47bn |
Subscription Percentage: | 921% |
No. of Subscribers: | 2500K |
Allocation: | The allocation rate was set at 6 shares per subscriber |
Chart - Bupa Arabia for Cooperative Insurance Co.
Share Performance
Last Price: | 245.40 |
Change: | 1.59 % |
Market Cap (M): | 36,420.00 |
Turnover: | 20,586,847.00 |
Transactions: | 2,136.00 |
Share Stats
First Day Open: | 10.34 |
First Day High: | 11.94 |
First Day Low: | 9.40 |
First Day Close: | 9.54 |
1st Day Change: | 257.63 % |
1st Month Change: | 190.12 % |
1st year Change: | 110.92 % |
Since listing: | 9,003.52 % |
Call Request