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×Brief
Company Status: | Listed |
Business Activity: | Goods transport, real estate investment, security services, ATM feeding, in addition to cash/valuables-in-transit (CVIT), facilities management, medical services and communications. |
Current Capital: | 600.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Transportation |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 10.00 % |
Offer Price (Riyal): | 1.00 |
Issue Volume (M Riyal): | 300.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Registered Shareholders and New Investors . |
Use of Proceeds: | _ Payment of part of the loan granted by AlJazira Bank for the purpose of the acquisition of 35.8% of the Communications Solutions Company (CSC) for Smart Cities’ Capital SAR ( 107,87 ) million, _ Acquisition expenses of the Communications Solutions Company (CSC) for Smart Cities SAR ( 1,31 ) million, _ Financing the Smart Cities Communications Solutions Company (CSC) to repay its debts to AMNCO SAR ( 20,00 ) million, _ Financing the Smart Cities Communications Solutions Company (CSC) to pay the rest of the rent of the Eastern Province Municipality related to the smart parking project SAR ( 24,44 ) million, _ Payment of short-term loans SAR ( 40,00 ) million, _ Financing smart parking projects for the Smart Cities Communications Solutions Company (CSC) SAR ( 46,20 ) million, _ Supporting the working capital for AlShifa Technology Company Limited SAR ( 5,00 ) million, _ Acquisition of income generating assets and other commercial businesses SAR ( 50,00 ) million, _ Offering costs SAR ( 5,18 ) million . |
Restrictions on Dealing in Shares: | There are no restrictions imposed on trading the Company’s shares, except for regulatory restrictions imposed on publicly listed shares . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 12/13/2021 |
Subscription End Date: | 12/23/2021 |
Allocation Date: | 1/2/2022 |
Distribution Date: | 1/13/2022 |
Listing Date: | 1/6/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Turki Ibrahim Mansour Mohammed Al-Rajhi | 64.98 | 10.83 % | 225.48 |
Princess Nouf bint Khalid bin Abdulaziz Al Saud | 36.54 | 6.09 % | 126.79 |
Advisors
Lead Manager: | AlJazira Capital Company |
Underwriter: | AlJazira Capital Company |
Financial Advisor: | AlJazira Capital Company |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | BDO Dr. Mohamed Al-Amri & Co., Al Bassam & Co |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | 84.90% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Batic Investments and Logistics Co.
Share Performance
Last Price: | 3.47 |
Change: | (0.85) % |
Market Cap (M): | 2,088.00 |
Turnover: | 39,282,894.00 |
Transactions: | 3,676.00 |
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