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×Brief
Company Status: | Listed |
Business Activity: | Sale of agricultural and meat products through wholesale and retail outlets, managing subsidiaries, investing the funds of these subsidiaries, as well as owning real estate properties and movables necessary for holding companies and owning industrial property rights of its subsidiaries. |
Current Capital: | 250.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 150.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 150.00 |
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: | _ In repaying part of the debts according to the financial reorganization proposal (SAR 58.52 million), _ Real Estate Investment (SAR 47 million), _ Working capital funding (SAR 10.32 million), _ Repayment of dues under court rulings (SAR 2.44 million), _ Repayment of other due expenses (SAR 13.25 million), _ Offering costs (SAR 13.25 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: | 9/11/2023 |
The minimum & maximum offering price: | 10/12/2023 |
Subscription End Date: | 10/24/2023 |
Allocation Date: | 11/1/2023 |
Distribution Date: | 11/16/2023 |
Listing Date: | 11/6/2023 |
Advisors
Lead Manager: | Al-Nefaie Investment Group |
Underwriter: | Al Wasatah Al Maliah Company |
Financial Advisor: | Al Wasatah Al Maliah Company |
Legal Advisor: | Al-Harith Abdullah Al-Omair and Othman Abdul Rajman AlArfaj Lawyers and Legal Consultants |
Auditor: | Osama A. Elkhereiji & Partner Co. |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 112.87 million |
Subscription Percentage: | 75.24% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Thimar Development Holding Co.
Share Performance
Last Price: | 14.14 |
Change: | (9.94) % |
Market Cap (M): | 353.50 |
Turnover: | 37,240,641.00 |
Transactions: | 2,669.00 |
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