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×Brief
Company Status: | Listed |
Business Activity: | The company is a producer of pharmaceutical products and medical appliances. |
Current Capital: | 784.38 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.73 % |
Offer Price (Riyal): | 16.00 |
Issue Volume (M Riyal): | 295.00 |
Premium: | 6.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Shareholders registered on the General Assembly on December 26, 2009 |
Use of Proceeds: | The company intends to use the net proceeds of the IPO for the implementation of the company's plan and to finance its expansion |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 1/2/2010 |
Subscription End Date: | 1/13/2010 |
Allocation Date: | 1/23/2010 |
Distribution Date: | 1/23/2010 |
Listing Date: | 1/23/2010 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Arab Company for Drug Industries & Medical Appliances | 24.58 | 20.48 % | 915.46 |
Advisors
Lead Manager: | Aldukheil Financial Group |
Underwriter: | Al Rajhi Capital Company |
Financial Advisor: | Aldukheil Financial Group |
Legal Advisor: | The Law Office of Abdulaziz H. Al Fahad and Partners |
Auditor: | Saudi Accountants-Ibrahim Al Sabeel Co. And Partners |
Receiving Bank: | Al Rajhi Bank, Bank Aljazira, Riyad Bank, Saudi Awwal Bank, Samba Financial Group, Saudi Investment Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 664.6mn |
Subscription Percentage: | 225.3% |
No. of Subscribers: | - |
Allocation: | The rights issue was allocated at a rate of one share for every 3.25424 shares of subscribed shareholders |
Chart - Saudi Pharmaceutical Industries and Medical Appliances Corp
Share Performance
Last Price: | 37.25 |
Change: | 4.87 % |
Market Cap (M): | 4,524.00 |
Turnover: | 46,989,908.00 |
Transactions: | 2,433.00 |
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