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×Brief
Company Status: | Listed |
Business Activity: | The company specializes in waste paper recycling and the production of tissue rolls. |
Current Capital: | 240.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 56.32 |
Issue Volume (M Riyal): | 446.40 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 25.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi Citizens |
Use of Proceeds: | The net proceeds from the IPO will be distributed to the selling shareholders |
Restrictions on Dealing in Shares: | Selling shareholders may not dispose thier shares for a period of six months from the trading date Following the expiry of this six month lock-in period the selling shareholders may only dispose of their Shares after obtaining the approval of the CMA |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 4/24/2006 |
Subscription End Date: | 5/3/2006 |
Allocation Date: | 5/8/2006 |
Distribution Date: | 5/8/2006 |
Listing Date: | 6/14/2006 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
raed adbullrahman abdullaziz AL-meshal | 12.55 | 33.86 % | 935.12 |
Advisors
Lead Manager: | SNB Capital Company |
Underwriter: | The Saudi National Bank, Gulf International Bank BSC |
Financial Advisor: | Gulf International Bank BSC |
Legal Advisor: | Law Office of Mohammed Al-Sheikh |
Auditor: | BDO International |
Receiving Bank: | Al Rajhi Bank, Samba Financial Group, The Saudi National Bank |
IPO results
Proceeds: | SAR 2.8bn |
Subscription Percentage: | 625% |
No. of Subscribers: | 881K |
Allocation: | The allocation rate was set at 8 shares per subscriber |
Chart - Saudi Paper Manufacturing Co.
Share Performance
Last Price: | 74.50 |
Change: | 7.14 % |
Market Cap (M): | 2,780.25 |
Turnover: | 29,782,730.00 |
Transactions: | 2,205.00 |
Share Stats
First Day Open: | 157.71 |
First Day High: | 166.78 |
First Day Low: | 111.66 |
First Day Close: | 117.86 |
1st Day Change: | 109.27 % |
1st Month Change: | 78.86 % |
1st year Change: | (12.78 %) |
Since listing: | 33.17 % |
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