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×Brief
Company Status: | Listed |
Business Activity: | The company is a manufacturer of plastic packaging products and nonwoven fabrics. |
Current Capital: | 950.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 171.43 % |
Offer Price (Riyal): | 20.45 |
Issue Volume (M Riyal): | 600.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | All subscription rights from either registered shareholders or public institutional investors and individuals which they purchase subscription rights through trading period |
Use of Proceeds: | Proceeds will be used to optimize the capital structure and to reduce the overall debit position |
Restrictions on Dealing in Shares: | - |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 9/27/2016 |
Subscription End Date: | 10/11/2016 |
Allocation Date: | 10/20/2016 |
Distribution Date: | 11/17/2016 |
Listing Date: | 10/23/2016 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al-Othman Holding Company | 31.84 | 41.64 % | 457.19 |
Abdulmohsen Mohammed Abdullah Al-Othman | 4.50 | 5.89 % | 64.67 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co. |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | Shearman and Sterling LLP in Association with Dr. Sultan Al-Masoud and Partners Co. |
Auditor: | KPMG Al Fozan & Partners |
Receiving Bank: | Samba Financial Group, Arab National Bank, Al Rajhi Bank, The Saudi National Bank, Riyad Bank |
IPO results
Proceeds: | SAR 482.34 mln |
Subscription Percentage: | 80.39 % |
No. of Subscribers: | - |
Allocation: | - |
Chart - Takween Advanced Industries Co.
Share Performance
Last Price: | 14.36 |
Change: | (4.53) % |
Market Cap (M): | 1,096.44 |
Turnover: | 23,741,348.00 |
Transactions: | 2,338.00 |
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