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×Brief
Company Status: | Listed |
Business Activity: | The company specializes in spinning, weaving and coloring of synthetic and natural fibers used in the production of blankets, rugs and carpets. |
Current Capital: | 650.000 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: | 42.857 % |
Offer Price (Riyal): | 33.600 |
Issue Volume (M Riyal): | 819.000 |
Premium: | 32.000 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 50.000 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi nationals |
Use of Proceeds: | Net proceeds from the IPO will be paid after deducting underwriting expenses 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: | 12/9/2006 |
Subscription End Date: | 12/18/2006 |
Allocation Date: | 12/24/2006 |
Distribution Date: | 12/24/2006 |
Listing Date: | 2/3/2007 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al Abdullatief Group Holding Co. | 48.750 | 60.00 % | 843.375 |
Omar S. S. Al Abdullatif | 4.615 | 5.68 % | 79.840 |
Advisors
Lead Manager: | Samba Capital and Investment Management Company |
Underwriter: | Samba Financial Group |
Financial Advisor: | Samba Financial Group |
Legal Advisor: | The Law Office of Abdulaziz H. Al Fahad and Partners |
Auditor: | Al Amawi & Abu Al Khair Legal Accountants Office |
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 1.323bn |
Subscription Percentage: | 162% |
No. of Subscribers: | 721K |
Allocation: | All subscribed shares (50 thousands or below) were fully allocated, while more than 50 thousands were allocated on a pro rata basis |
Chart - Al Abdullatif Industrial Investment Co.
Share Performance
Last Price: | 17.300 |
Change: | 1.395 % |
Market Cap (M): | 1,417.000 |
Turnover: | 2,073,464.000 |
Transactions: | 439.000 |
Share Stats
First Day Open: | 37.200 |
First Day High: | 47.000 |
First Day Low: | 36.200 |
First Day Close: | 44.600 |
1st Day Change: | 32.74 % |
1st Month Change: | 94.05 % |
1st year Change: | 61.31 % |
Since listing: | (48.10 %) |
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