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×Brief
Company Status: | Listed |
Business Activity: | The company is a manufacturer of plastic packaging products and nonwoven fabrics. |
Current Capital: | 300.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 42.86 % |
Offer Price (Riyal): | 12.53 |
Issue Volume (M Riyal): | 234.00 |
Premium: | 16.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi Citizens and subscribed institutions |
Use of Proceeds: | The net proceeds from the IPO will be distributed to the selling shareholders |
Restrictions on Dealing in Shares: | Current shareholders may not dispose thier shares for a period of six months from the trading date Following the expiry of this six month lock-in period the Founding Shareholders may only dispose of their Shares after obtaining the approval of the CMA |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 1/16/2012 |
Subscription End Date: | 1/22/2012 |
Allocation Date: | 1/29/2012 |
Distribution Date: | 1/29/2012 |
Listing Date: | 2/7/2012 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al-Othman Holding Company | 31.84 | 41.64 % | 450.83 |
Abdulmohsen Mohammed Abdullah Al-Othman | 4.50 | 5.89 % | 63.77 |
Advisors
Lead Manager: | SNB Capital Company |
Underwriter: | SNB Capital Company |
Financial Advisor: | Morgan Stanley Saudi Arabia Co. |
Legal Advisor: | Law Office of Mohammed Al-Sheikh |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Al Rajhi Bank, Arab National Bank, Riyad Bank, Saudi Awwal Bank, Samba Financial Group, Banque Saudi Fransi, Alawwal Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 668mn |
Subscription Percentage: | 571% |
No. of Subscribers: | 688k |
Allocation: | The allocation rate was set at 6 shares per individual subscriber |
Chart - Takween Advanced Industries Co.
Share Performance
Last Price: | 14.16 |
Change: | 5.51 % |
Market Cap (M): | 1,082.67 |
Turnover: | 57,430,055.00 |
Transactions: | 4,485.00 |
Share Stats
First Day Open: | 60.38 |
First Day High: | 60.38 |
First Day Low: | 54.10 |
First Day Close: | 58.87 |
1st Day Change: | 369.76 % |
1st Month Change: | 323.66 % |
1st year Change: | 258.97 % |
Since listing: | 12.98 % |
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