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×Brief
Company Status: | Listed |
Business Activity: | Activities of sea freight agencies, road freight transportation, air freight and logistical business. |
Current Capital: | 10.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | NOMU |
Sector: | Transportation |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 20.00 % |
Offer Price (Riyal): | 110.00 |
Issue Volume (M Riyal): | 22.00 |
Premium: | 100.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | The qualified investor categories stipulated in the glossary of terms used in the regulations and rules of the Capital Market Authority (CMA) . |
Use of Proceeds: | The net proceeds, after the offering expenses estimated at ( SAR 2.50 million ), will be distributed on a pro-rata basis to selling shareholders. The company will not receive any share of these proceeds . |
Restrictions on Dealing in Shares: | Major shareholders will be subject to a 12-month lock-up period, during which they will be banned from disposing of their shares starting from the listing date on Nomu-Parallel Market. Major shareholders may dispose of their shares after the lock-up period without obtaining a prior approval from CMA . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 6/21/2023 |
The minimum & maximum offering price: | 8/27/2023 |
Subscription End Date: | 8/31/2023 |
Allocation Date: | 9/5/2023 |
Distribution Date: | 9/7/2023 |
Listing Date: | 9/11/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Khaled Mohammed Saqr Al Sugair | 0.39 | 39.20 % | 63.27 |
Ali Abdullah Mohammed Al Habdan | 0.38 | 37.60 % | 60.69 |
Advisors
Lead Manager: | Derayah Financial Company |
Underwriter: | - |
Financial Advisor: | Watheeq Financial Co. |
Legal Advisor: | - |
Auditor: | Al Sayed Al Awaeti & co. |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | 2113.39 |
No. of Subscribers: | - |
Allocation: | - |
Chart - Munawla Cargo Co.
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