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×Brief
Company Status: | Listed |
Business Activity: | The company is a manufacturer and trader of rugs, carpets, fabrics, curtains and furniture. |
Current Capital: | 272.43 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Cancelled |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 150.04 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 163.46 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Registered shareholders and new investors . |
Use of Proceeds: | _ Working capital (SAR 60.91 million), _ Adjustment of term loans with commercial banks (SAR 33 million), _ New production lines and capital projects (SAR 57 million), _ Offering Costs (SAR 12.55 million) . |
Restrictions on Dealing in Shares: | There are no restrictions imposed on trading in the company’s shares, except for the legal restrictions imposed on publicly listed shares . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 10/12/2023 |
The minimum & maximum offering price: | - |
Subscription End Date: | - |
Allocation Date: | - |
Distribution Date: | - |
Listing Date: | - |
Advisors
Lead Manager: | Al-Nefaie Investment Group |
Underwriter: | Al Wasatah Al Maliah Company |
Financial Advisor: | Al Wasatah Al Maliah Company |
Legal Advisor: | GLA & Company |
Auditor: | Al Sayed Al Awaeti & co. |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | - |
No. of Subscribers: | - |
Allocation: | - |
Chart - Naseej International Trading Co.
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