AI Summary
Logo of Al Khaldi Logistics Co.
Al Khaldi Logistics Co. issued today, May 7, the prospectus for offering 1.05 million shares on the Nomu-Parallel Market.
The company is capitalized at SAR 150 million, divided into 15 million shares at a SAR 10 par value each.
The share sale will run for four working days from May 27 to June 1.
The Capital Market Authority (CMA) approved, in December 2024, the application received from the company to register its shares for direct listing on Nomu.
Al Khaldi Logistics was established in 2008 as a closed joint-stock company in Al Khobar, under the name of Mubarak Bin Zaid Al-Khalidi Sons Contracting Co. The company's primary activity is land freight transportation.
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Company Profile |
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Company |
Al Khaldi Logistics Co. |
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Core Activities |
Land freight transport |
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Market |
Nomu-Parallel Market |
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Capital |
SAR 150 mln |
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Number of Shares |
15 mln |
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Nominal Value |
SAR 10 |
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IPO Summary |
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Issue Percentage |
7% |
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Offered Shares |
1.05 mln |
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IPO Minimum Limit |
10 shares |
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IPO Maximum Limit |
749,990 shares |
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Offer Period |
May 27-June 1, 2025. |
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Final Allocation |
June 3, 2025 |
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Surplus Refund (if any) |
June 4, 2025 |
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Company Shareholders |
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Shareholders |
Before IPO |
After IPO |
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Number of Shares (mln) |
Ownership (%) |
Number of Shares (mln) |
Ownership (%) |
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Al Khaldi Holding Co.* |
10.50 |
70% |
10.50 |
70% |
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Al Khaldi Investment Co. |
4.50 |
30% |
3.45 |
23% |
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Qualified investors |
-- |
-- |
1.05 |
7% |
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Total |
15.00 |
100% |
15.00 |
100% |
*Al Khaldi Holding Co. has indirect ownership through its 100% holding of Al Khaldi Investment Co., which holds a 30% stake in the issuer’s capital.
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Additional Information |
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Financial Advisor & Lead Manager |
Yaqeen Capital |
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Receiving Entities |
Derayah Financial, Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, Al Rajhi Capital, BSF Capital, Alinma Investment, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital |
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