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×Brief
Company Status: | Listed |
Business Activity: | Setting up and implementing agricultural projects. |
Current Capital: | 300.00 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: | 300.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 225.00 |
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: | _ Expansion of the Company’s Business in the Poultry Sector (SAR 177.30 million), _ Paying off Obligations and Liabilities (SAR 29 million), _ Working Capital (SAR 15 million), _ Offering Costs (SAR 3.70 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: | 11/28/2022 |
The minimum & maximum offering price: | 5/11/2023 |
Subscription End Date: | 5/23/2023 |
Allocation Date: | 6/4/2023 |
Distribution Date: | 6/12/2023 |
Listing Date: | 6/5/2023 |
Advisors
Lead Manager: | Alkhair Capital Saudi Arabia |
Underwriter: | Alkhair Capital Saudi Arabia |
Financial Advisor: | Alkhair Capital Saudi Arabia |
Legal Advisor: | Al Saleh & Al Sahli Law Firm |
Auditor: | United Accountants Professional Consulting Company |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 194.12 million |
Subscription Percentage: | 86.28% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Ash-Sharqiyah Development Co.
Share Performance
Last Price: | 22.70 |
Change: | (2.41) % |
Market Cap (M): | 680.40 |
Turnover: | 18,872,871.00 |
Transactions: | 1,983.00 |
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