Nomu trading screen
Arabian Plastic Industrial Co. (APICO) issued prospectus for its initial public offering (IPO) on the Nomu-Parallel Market.
On June 29, the Capital Market Authority (CMA) approved the company’s application to offer one million shares, or 20% of its capital on Nomu.
The offering will run from Sept. 11-13 and will be confined to qualified investors, the CMA said in a statement.
The company has SAR 50 million capital, divided into five million sgares.
APICO operates in the manufacturing of plastic cans and containers.
|
Company Profile |
|
|
Company |
Arabian Plastic Industrial Co. (APICO) |
|
Market |
Nomu-Parallel Market |
|
Core Activities |
Manufacturing of plastic containers |
|
Capital |
SAR 50 mln |
|
IPO Summary |
|
|
Issue percentage (%) |
20% |
|
Number of shares offered |
1 mln |
|
Qualified subscribers |
Qualified investors |
|
Minimum limit |
10 shares |
|
Maximum limit |
249,990 shares |
|
Subscription period |
Sept. 11-13, 2022 |
|
Final allotment |
Sept. 18, 2022 |
|
Surplus Refund (if any) |
Sept. 22, 2022 |
|
Additional Information |
|
|
Financial Advisor and Lead Manager |
Yaqeen Capital |
|
Company Shareholders |
||||
|
Shareholders |
Before IPO |
Post-IPO |
||
|
Number of Shares (mln shares) |
Ownership% |
Number of Shares (mln shares) |
Ownership% |
|
|
Omer Abu Baker Balbeed Co. Ltd. |
4.0 |
80% |
3.2 |
64% |
|
Others (61 investors) |
1.0 |
20% |
0.8 |
16% |
|
Qualified Investors (Public) |
-- |
-- |
1.0 |
20% |
|
Total |
5.0 |
100% |
5.0 |
100% |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}