Sign In
×Brief
Company Status: | Listed |
Business Activity: | The company is the authorized dealer and distributor of LG air conditioners in Saudi Arabia. |
Current Capital: | 350.00 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): | 35.56 |
Issue Volume (M Riyal): | 514.50 |
Premium: | 39.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.00 Thousand Shares |
Available Shares (Institutions): | 5.25 Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi citizens and investment funds |
Use of Proceeds: | The net proceeds from the IPO will be paid to the selling shareholders |
Restrictions on Dealing in Shares: | Founding 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: | 4/26/2010 |
Subscription End Date: | 5/2/2010 |
Allocation Date: | 5/9/2010 |
Distribution Date: | 5/9/2010 |
Listing Date: | 5/17/2010 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Lafana Holding Co. | 5.89 | 12.21 % | 202.58 |
Tawazon Arabia Co. for Commercial Investment | 4.77 | 9.89 % | 164.09 |
Lamaa Holding Co. | 2.75 | 5.71 % | 94.74 |
Advisors
Lead Manager: | Jadwa Investment Co. |
Underwriter: | Jadwa Investment Co. |
Financial Advisor: | Jadwa Investment Co. |
Legal Advisor: | White & Case LLP |
Auditor: | Ernst & Young Professional Services Co |
Receiving Bank: | Al Rajhi Bank, Bank Aljazira, Riyad Bank, Samba Financial Group, The Saudi National Bank, Yaqeen Financial Company, SHUAA Capital Saudi Arabia Company , Jadwa Investment Co., Aldukheil Financial Group |
IPO results
Proceeds: | SAR 434.355mn |
Subscription Percentage: | 169% |
No. of Subscribers: | 743.22K |
Allocation: | The allocation rate was set at 7 shares per individual subscriber |
Chart - Al Hassan Ghazi Ibrahim Shaker Co.
Share Performance
Last Price: | 34.40 |
Change: | (0.72) % |
Market Cap (M): | 1,659.11 |
Turnover: | 7,923,273.00 |
Transactions: | 803.00 |
Share Stats
First Day Open: | 37.36 |
First Day High: | 39.55 |
First Day Low: | 35.92 |
First Day Close: | 37.20 |
1st Day Change: | 4.63 % |
1st Month Change: | 21.49 % |
1st year Change: | 27.11 % |
Since listing: | (3.26 %) |
Call Request