Sign In
×Brief
Company Status: | Listed |
Business Activity: | The company manufactures and markets basic and intermediate chemicals and polymers via its petrochemicals complex at Jubail Industrial City, and manufacturing plants in Riyadh and Hail. |
Current Capital: | 3,333.00 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: | 66.65 % |
Offer Price (Riyal): | 15.00 |
Issue Volume (M Riyal): | 2,000.00 |
Premium: | 5.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | 1- Finance Sipchem investment in acetyl complex, consisting of 3 integrated projects namely, acetic acid plant, vinyl acetate monomer plant and carbon monoxide plant. 2- Financing part of the development costs of future projects. 3- General corporate purposes |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 2/4/2008 |
Subscription End Date: | 2/18/2008 |
Allocation Date: | 2/27/2008 |
Distribution Date: | 2/27/2008 |
Listing Date: | 2/27/2008 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Zamil Group Holding Company | 64.53 | 8.80 % | 2,026.34 |
Advisors
Lead Manager: | SNB Capital Company |
Underwriter: | Riyad Bank |
Financial Advisor: | Morgan Stanley Saudi Arabia Co. |
Legal Advisor: | Youssef Al-Jadaan & Partners Law Firm, Allen & Overy Company |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Al Rajhi Bank, Saudi Awwal Bank, Samba Financial Group, Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | SAR 4bn |
Subscription Percentage: | 200% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Sahara International Petrochemical Co.
Share Performance
Last Price: | 31.40 |
Change: | 0.00 % |
Market Cap (M): | 22,879.90 |
Turnover: | 23,718,188.00 |
Transactions: | 2,288.00 |
Call Request