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×Brief
Company Status: | Listed |
Business Activity: | Investment in various petrochemical and industrial sectors. |
Current Capital: | 4,606.85 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Petrochemical Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 24.12 % |
Offer Price (Riyal): | 18.00 |
Issue Volume (M Riyal): | 2,000.00 |
Premium: | 8.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Registered Shareholders in Extraordinary General Assembly holding date in May 26, 2008 |
Use of Proceeds: | The net proceeds from the capital increase (amounting to around SAR 1,986mn after deducting the IPO fees and expenses) will be used to implement the company's expansion plans |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 5/31/2008 |
Subscription End Date: | 6/11/2008 |
Allocation Date: | 6/17/2008 |
Distribution Date: | 6/17/2008 |
Listing Date: | 6/17/2008 |
Advisors
Lead Manager: | Riyad Capital , HSBC Saudi Arabia Co. |
Underwriter: | Calyon Saudi Fransi Limited |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | Dar Al-Noha Law Firm |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Riyad Bank, First Saudi Bank, Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | Around SAR 3.5bn |
Subscription Percentage: | 173% |
No. of Subscribers: | - |
Allocation: | 1 share was allocated per 3.146 shares |
Chart - National Industrialization Co.
Share Performance
Last Price: | 15.08 |
Change: | (0.27) % |
Market Cap (M): | 10,033.71 |
Turnover: | 20,794,958.00 |
Transactions: | 1,583.00 |
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