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×Brief
Company Status: | Listed |
Business Activity: | The company manufactures water and sewerage pipe systems. It also owns and sells pipe technologies. |
Current Capital: | 445.50 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Cancelled |
Exchange Market: | TASI |
Sector: | Building & Construction |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 350.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 346.50 |
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: | _ Working capital (SAR 311.06 million), _ Spare parts for maintenance and production (SAR 21.44 million), _ Offering costs (SAR 14 million) . |
Restrictions on Dealing in Shares: | There are no restrictions on trading Company shares, except for the regulatory restrictions on generally-listed shares . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 12/1/2022 |
The minimum & maximum offering price: | - |
Subscription End Date: | - |
Allocation Date: | - |
Distribution Date: | - |
Listing Date: | - |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Prince Mohammed bin Fahad bin Abdulaziz Al Saud | 2.80 | 6.28 % | 88.83 |
Prince Fahd Khaled Abdullah Abdul Rahman Al Saud | 2.33 | 5.24 % | 74.12 |
Advisors
Lead Manager: | Al-Nefaie Investment Group |
Underwriter: | Al Wasatah Al Maliah Company, Nomw Capital Company |
Financial Advisor: | Al Wasatah Al Maliah Company |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | Al Kharashi & Company Certified Accountants and Auditors |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Saudi Arabian Amiantit Co.
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Amiantit submits rights issue request to CMA Argaam13/03/2022
Amiantit gets CMA nod on 69.06% capital cut Argaam17/02/2022
Amiantit submits capital cut application to CMA Argaam13/02/2022
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