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×Brief
Company Status: | Listed |
Business Activity: | Works in Agricultural production, processing and marketing of their products and they are specialized in producing wheat. |
Current Capital: | 391.77 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Agriculture and Food Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 62.04 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 150.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | SAR 62 mln to pay company’s debts and creditors SAR 47 mln to acquire income-generating real estate assets SAR 33 mln to be spent on operations and agricultural plan SAR 8 mln as IPO expenses |
Restrictions on Dealing in Shares: | - |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 4/6/2021 |
The minimum & maximum offering price: | 4/12/2021 |
Subscription End Date: | 4/22/2021 |
Allocation Date: | 5/2/2021 |
Distribution Date: | 5/27/2021 |
Listing Date: | 5/6/2021 |
Advisors
Lead Manager: | AlJazira Capital Company |
Underwriter: | Al Wasatah Al Maliah Company |
Financial Advisor: | Al Wasatah Al Maliah Company |
Legal Advisor: | Shearman and Sterling LLP in Association with Dr. Sultan Al-Masoud and Partners Co. |
Auditor: | BDO Dr. Mohamed Al-Amri & Co., Al Kharashi & Company Certified Accountants and Auditors |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 123.10 million |
Subscription Percentage: | % 82.06 |
No. of Subscribers: | - |
Allocation: | - |
Chart - Tabuk Agricultural Development Co.
Share Performance
Last Price: | 19.38 |
Change: | 0.62 % |
Market Cap (M): | 760.68 |
Turnover: | 3,207,056.00 |
Transactions: | 640.00 |
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