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×Brief
Company Status: | Listed |
Business Activity: | The company is a producer of chlorine and derivatives, caustic soda and hydrochloric acid. |
Current Capital: | 220.00 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: | 30.00 % |
Offer Price (Riyal): | 24.00 |
Issue Volume (M Riyal): | 198.00 |
Premium: | 20.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.00 Thousand Shares |
Available Shares (Institutions): | 1.98 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | - |
Eligibility : | Natural Saudi citizens |
Use of Proceeds: | Net proceeds from the IPO will be paid to the selling shareholders |
Restrictions on Dealing in Shares: | 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 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: | 5/24/2008 |
Subscription End Date: | 6/2/2008 |
Allocation Date: | 6/8/2008 |
Distribution Date: | 6/8/2008 |
Listing Date: | 6/16/2008 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Ali Al-abdAllah AlTamimi | 6.07 | 22.06 % | 206.26 |
Abdullah Muhanna Abdelaziz AlMoaibed | 2.73 | 9.91 % | 92.66 |
Riyad M. A. Al Humaidan | 1.61 | 5.85 % | 54.70 |
Nour Muhanna Abdelaziz AlMoaibed | 1.40 | 5.09 % | 47.59 |
Advisors
Lead Manager: | Calyon Saudi Fransi Limited |
Underwriter: | Morgan Stanley Saudi Arabia Co. |
Financial Advisor: | Morgan Stanley Saudi Arabia Co. |
Legal Advisor: | Khaled Al-Thebeity Law Firm |
Auditor: | Ernst & Young Professional Services Co |
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 1.84bn |
Subscription Percentage: | 930% |
No. of Subscribers: | 3850K |
Allocation: | The allocation rate was set at 1 share per subscriber |
Chart - Basic Chemical Industries Co.
Share Performance
Last Price: | 34.00 |
Change: | (0.73) % |
Market Cap (M): | 936.38 |
Turnover: | 2,123,324.00 |
Transactions: | 439.00 |
Share Stats
First Day Open: | 96.00 |
First Day High: | 96.00 |
First Day Low: | 88.00 |
First Day Close: | 92.00 |
1st Day Change: | 283.33 % |
1st Month Change: | 124.17 % |
1st year Change: | 22.33 % |
Since listing: | 41.88 % |
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