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Company Status: | IPO |
Business Activity: | |
Current Capital: | 232.000 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Approved |
Exchange Market: | TASI |
Sector: | Health care |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 24.900 % |
Offer Price (Riyal): | - |
Issue Volume (M Riyal): | - |
Premium: | - |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.000 Thousand Shares |
Available Shares (Institutions): | 44.820 Million Shares |
Minimum Subscription (Institutions): | 100.000 Thousand Shares |
Maximum Subscription (Institutions): | 11.600 Million Shares |
Eligibility : | _ Participating Parties, _ Individual Investors . |
Use of Proceeds: | The IPO net proceeds, after deducting the offering expenses estimated at SAR 75 million, will be distributed on a pro-rata basis to the selling shareholders, and the company. The company will use proceeds and other financial inflows, including cash and loans, to finance its growth strategy and achieve its general corporate objectives. |
Restrictions on Dealing in Shares: | The Substantial Shareholders will be subject to a Lock-up Period of 6 months, starting from the commencement of trading of the Shares on the Saudi Stock Exchange, during which the Substantial Shareholder shall be prohibited from disposing of their Shares. After the end of the Lock-up Period, the Substantial Shareholders may dispose of their shares without the prior approval of the CMA . |
Prospectus: | Downloads |
: | Downloads |
Key Dates
Capital Market Authority Approval: | 3/27/2024 |
The minimum & maximum offering price: | 5/21/2024 |
Subscription End Date: | 5/22/2024 |
Allocation Date: | 5/27/2024 |
Distribution Date: | 6/4/2024 |
Listing Date: | - |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
79.980 | 39.99 % | - | |
Ammar Suleiman Abdel Qader Faqih | 79.980 | 39.99 % | - |
Manal Suleiman Abdel Qader Fakih | 40.000 | 20.00 % | - |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co., ANB Capital, EFG-Hermes KSA |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | White & Case LLP |
Auditor: | KPMG Consulting Co. |
Receiving Bank: | Al Rajhi Bank, Arab National Bank, Bank Aljazira, Saudi Awwal Bank, Alinma Bank, The Saudi National Bank |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Fakeeh Medical Group
Related News
Fakeeh Care issues supplementary prospectusArgaam02/05/2024
Fakeeh Care sets IPO price range at SAR 53-57.5/shrArgaam02/05/2024
Fakeeh Care plans to float 30% of capital: ReportArgaam27/08/2023
Saudi Arabia’s Fakeeh Hospital May Sell 30 Percent Stake in IPOBloomberg19/01/2015
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