Sign In
×Brief
Company Status: | Listed |
Business Activity: | The company manufactures water and sewerage pipe systems. It also owns and sells pipe technologies. |
Current Capital: | 1,155.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Building & Construction |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 10.00 % |
Offer Price (Riyal): | 55.00 |
Issue Volume (M Riyal): | 423.50 |
Premium: | 1.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Shareholders of record on July 18, 2005 |
Use of Proceeds: | The company will invest the net proceeds from the IPO in the establishment of steel tubes factories, ductile iron pipes factories, water management projects and infrastructure |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 9/12/2005 |
Subscription End Date: | 9/21/2005 |
Allocation Date: | 9/28/2005 |
Distribution Date: | 10/8/2005 |
Listing Date: | 10/8/2005 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Prince Mohammed bin Fahad bin Abdulaziz Al Saud | 2.80 | 6.28 % | 85.75 |
Prince Fahd Khaled Abdullah Abdul Rahman Al Saud | 2.33 | 5.24 % | 71.55 |
Advisors
Lead Manager: | Consulting Center for Finance & Investment |
Underwriter: | - |
Financial Advisor: | Consulting Center for Finance & Investment |
Legal Advisor: | - |
Auditor: | - |
Receiving Bank: | Banque Saudi Fransi, Alawwal Bank |
IPO results
Proceeds: | - |
Subscription Percentage: | 170% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Saudi Arabian Amiantit Co.
Share Performance
Last Price: | 30.65 |
Change: | 7.69 % |
Market Cap (M): | 1,372.14 |
Turnover: | 293,125,119.00 |
Transactions: | 15,637.00 |
Call Request