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×Brief
Company Status: | Listed |
Business Activity: | The company designs and sells information systems and solutions to government and industry |
Current Capital: | 100.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Telecom & IT |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 2.50 % |
Offer Price (Riyal): | 1.10 |
Issue Volume (M Riyal): | 22.00 |
Premium: | 0.10 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | - |
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 without obtaining the approval of the Monetary Foundation. |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 2/5/2017 |
Subscription End Date: | 2/14/2017 |
Allocation Date: | 2/16/2017 |
Distribution Date: | 2/16/2017 |
Listing Date: | 2/26/2017 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Muhammad Saleh Muhammad Al-Suhibani | 14.00 | 14.00 % | 107.94 |
Beji Co. Ltd. | 6.35 | 6.35 % | 48.96 |
Advisors
Lead Manager: | KASB Capital Group |
Underwriter: | - |
Financial Advisor: | KASB Capital Group |
Legal Advisor: | - |
Auditor: | Abdul Wahab Al Ageel CPAs and Consultants Office |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 54.78 mln |
Subscription Percentage: | 249 % |
No. of Subscribers: | - |
Allocation: | - |
Chart - Arab Sea Information Systems Co.
Share Performance
Last Price: | 7.71 |
Change: | 0.39 % |
Market Cap (M): | 773.00 |
Turnover: | 12,687,042.00 |
Transactions: | 1,536.00 |
Share Stats
First Day Open: | 1.32 |
First Day High: | 1.32 |
First Day Low: | 1.32 |
First Day Close: | 1.32 |
1st Day Change: | 20.00 % |
1st Month Change: | 61.18 % |
1st year Change: | 9.09 % |
Since listing: | 602.73 % |
Related News
Arab Sea’s IPO 249% oversubscribedArgaam15/02/2017
Arab Sea Information Systems considers Tadawaul listingArgaam08/02/2017
Arab Sea Information Systems eyes SAR 11/share IPO priceArgaam07/02/2017
Arab Sea Information hires KASB to advise on IPO Argaam12/12/2016
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