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×Brief
Company Status: | Listed |
Business Activity: | The company is the second provider of fixed line telephone services in Saudi Arabia. |
Current Capital: | 339.99 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Cancelled |
Exchange Market: | TASI |
Sector: | Telecom & IT |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 277.81 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 250.00 |
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 obligations and dues (SAR 137 million), _ Developing and updating systems and business networks (SAR 108 million), _ Offering costs (SAR 5 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: | 2/8/2023 |
The minimum & maximum offering price: | - |
Subscription End Date: | - |
Allocation Date: | - |
Distribution Date: | - |
Listing Date: | - |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Bahrain Telecommunications and Wireless | 5.10 | 15.00 % | 637.31 |
Advisors
Lead Manager: | Alkhair Capital Saudi Arabia |
Underwriter: | Alkhair Capital Saudi Arabia |
Financial Advisor: | AlJazira Capital Company |
Legal Advisor: | Abdulaziz Al Ajlan Office |
Auditor: | Al Azem & Al Sudairy CPA's and Consultants Co. |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Etihad Atheeb Telecommunication Company
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