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×Brief
Company Status: | Listed |
Business Activity: | The Company is engaged in producing Methanol, Formaldehyde and super plasticizers and various amino resins. |
Current Capital: | 1,154.50 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Cancelled |
Exchange Market: | TASI |
Sector: | Petrochemical Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 71.16 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 480.00 |
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: | Repayment of loans of 445 million riyals, offering fees of 15 million riyals, working capital 11.5 million riyals, preliminary engineering designs for the expansion project of the methanol plant of 8.5 million riyals |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | - |
Subscription End Date: | - |
Allocation Date: | - |
Distribution Date: | - |
Listing Date: | - |
Advisors
Lead Manager: | Al-Nefaie Investment Group |
Underwriter: | Al Wasatah Al Maliah Company |
Financial Advisor: | Al Wasatah Al Maliah Company |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | Price Water House Coopers - Saudi Arabia |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Methanol Chemicals Co.
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