Logo of Professional Medical Expertise Co. (ProMedEx)
Professional Medical Expertise Co. (ProMedEx) announced the prospectus to float 1.05 million shares, representing 30% of its capital reaching SAR 35 million, on Nomu-Parallel Market.
The offer will run from July 9-16, 2023. It will be confined to qualified investors stipulated in the glossary of defined terms used in the regulations and rules of the Capital Market Authority (CMA).
Headquartered in Dhahran, ProMedEx is a closed joint stock company established in 2009.
The company mainly operates in importing and exporting medical implants, devices, and high-tech consumables, in addition to selling them to hospitals as well as private and governmental medical centers across the Kingdom.
On March 27, the CMA approved ProMedEx's application to float 30% of its capital on Nomu, according to data available with Argaam.
Company Profile |
|
Company |
Professional Medical Expertise Co. (ProMedEx) |
Market |
Nomu-Parallel Market |
Core Activities |
Medical services |
Capital |
SAR 35 mln |
IPO Summary |
|
Issue Percentage |
30% |
Offered Shares |
1.05 mln |
Minimum Limit |
10 shares |
Maximum Limit |
174,999 shares |
Offer Period |
July 9-16, 2023 |
Final Allocation |
July 19, 2023 |
Refund (If any) |
July 23, 2023 |
Company Shareholders |
||||
Shareholders |
Pre-IPO |
Post-IPO |
||
Number of Shares (‘000 shares) |
Ownership (%) |
Number of Shares (‘000 shares) |
Ownership (%) |
|
Al Omran Holding |
1750 |
50% |
1575 |
45% |
Second Healthcare Company for Trading |
1400 |
40% |
700 |
20% |
Riyad Abdullah Abunayyan |
350 |
10% |
175 |
5% |
Qualified Investors |
-- |
-- |
1050 |
30% |
Total |
3500 |
100% |
3500 |
100% |
Additional Information |
|
Financial Advisor and Lead Manager |
Saudi Fransi Capital |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}