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×Brief
Company Status: | Listed |
Business Activity: | The oldest cement producer in Saudi Arabia. Its sales covers the Western region. |
Current Capital: | 800.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Cement |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 14.29 % |
Offer Price (Riyal): | 50.00 |
Issue Volume (M Riyal): | 500.00 |
Premium: | 40.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Each shareholder owns shares of six or more on Assembly 04/12/2007 |
Use of Proceeds: | implement expansion plan which is expected to cost 1.757 million SAR, and the capital ratio is expected to be around 28.5% of the total funding requirements for Arabian Cement the next five years |
Restrictions on Dealing in Shares: | - |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 12/29/2007 |
Subscription End Date: | 1/7/2008 |
Allocation Date: | 1/14/2008 |
Distribution Date: | 1/14/2008 |
Listing Date: | 1/19/2008 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
A.A.S for Investment Co. | 8.00 | 8.00 % | 248.00 |
Advisors
Lead Manager: | Riyad Capital |
Underwriter: | - |
Financial Advisor: | Swicorp Joussour Co. |
Legal Advisor: | - |
Auditor: | - |
Receiving Bank: | Al Rajhi Bank, Riyad Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 763mn |
Subscription Percentage: | 152.6% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Arabian Cement Co.
Share Performance
Last Price: | 31.00 |
Change: | 1.47 % |
Market Cap (M): | 3,100.00 |
Turnover: | 2,720,828.00 |
Transactions: | 254.00 |
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