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×Brief
Company Status: | Listed |
Business Activity: | Construction and owning of shopping malls and residential complexes, management and general contracting. |
Current Capital: | 700.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Real Estate Development |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 42.86 % |
Offer Price (Riyal): | 13.50 |
Issue Volume (M Riyal): | 378.00 |
Premium: | 8.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 12.60 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 3.49 Million Shares |
Eligibility : | Saudi citizens and subscribed institutions |
Use of Proceeds: | The net proceeds will be paid for shareholders based on percentage of subscriper's shares |
Restrictions on Dealing in Shares: | major shareholders may not dispose of any of their shares during a period of twelve (12) months from the date on which the Subscription Shares began trading on the Tadawul only after obtaining the approval of the Monetary Foundation. |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 12/17/2015 |
Subscription End Date: | 12/23/2015 |
Allocation Date: | 12/31/2015 |
Distribution Date: | 12/31/2015 |
Listing Date: | 1/12/2016 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Burooj International Co. Ltd. | 25.80 | 27.64 % | 705.53 |
Al-Zakary Holding Co. | 16.13 | 17.28 % | 441.09 |
Abdulrahman Bin Abdullah Al Mousa Holding Co. | 6.45 | 6.91 % | 176.38 |
Advisors
Lead Manager: | Riyad Capital |
Underwriter: | Riyad Capital |
Financial Advisor: | Riyad Capital |
Legal Advisor: | Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | BDO Dr. Mohamed Al-Amri & Co. |
Receiving Bank: | Riyad Bank, The Saudi National Bank, Al Rajhi Bank, Samba Financial Group, Saudi Awwal Bank, Banque Saudi Fransi |
IPO results
Proceeds: | SAR 709.7 mln |
Subscription Percentage: | 469.4% |
No. of Subscribers: | 1100K |
Allocation: | 3 shares were allocated per subscriber |
Chart - Alandalus Property Co.
Share Performance
Last Price: | 27.35 |
Change: | (2.33) % |
Market Cap (M): | 2,543.24 |
Turnover: | 4,235,515.00 |
Transactions: | 725.00 |
Share Stats
First Day Open: | 14.85 |
First Day High: | 14.85 |
First Day Low: | 14.85 |
First Day Close: | 14.85 |
1st Day Change: | 10.00 % |
1st Month Change: | 5.28 % |
1st year Change: | 9.39 % |
Since listing: | 101.85 % |
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