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×Brief
Company Status: | Listed |
Business Activity: | Savola Group is a producer of edible oil and sugar. It owns and operates Panda hypermarkets. The company has investment arms in several sectors, including dairy producer Almarai and fast food chain Herfy. It owns also plastics packing and real estate units. |
Current Capital: | 1,800.00 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: | 20.00 % |
Offer Price (Riyal): | 80.00 |
Issue Volume (M Riyal): | 2,400.00 |
Premium: | 70.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Shareholders of record on November 16, 2005 |
Use of Proceeds: | The net proceeds of the subscription is to be used to finance the company's expansion plans |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 12/26/2005 |
Subscription End Date: | 1/4/2006 |
Allocation Date: | 1/17/2006 |
Distribution Date: | 1/17/2006 |
Listing Date: | 1/21/2006 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
59.97 | 11.23 % | 3,082.25 | |
Abdulqader Al Muhaidib & Sons Co. | 43.95 | 8.23 % | 2,258.86 |
Abdullah M. A. Al Rabeia | 43.89 | 8.22 % | 2,256.11 |
Al Muhaidib Holding Co. | 33.96 | 6.36 % | 1,745.60 |
Advisors
Lead Manager: | Samba Capital and Investment Management Company |
Underwriter: | - |
Financial Advisor: | Swicorp Joussour Co. |
Legal Advisor: | AL Sulaim Al Awaji & Partners Law Firm |
Auditor: | Price Water House Coopers - Saudi Arabia |
Receiving Bank: | Bank Aljazira, Samba Financial Group, Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Savola Group
Share Performance
Last Price: | 51.40 |
Change: | 1.39 % |
Market Cap (M): | 27,233.01 |
Turnover: | 24,440,174.00 |
Transactions: | 2,582.00 |
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