Logo of United Mining Industries Co.
United Mining Industries Co. issued today, Sept. 3, its prospectus to float 1.75 million shares, or 12.5% of its SAR 140 million capital, on Nomu-Parallel Market.
The share sale will run from Sept. 26 to Oct. 2 for qualified investors.
The offering 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).
United Mining Industries was established in 2006 in Jeddah as a closed joint stock company.
The company's core activity is represented in the manufacture of gypsum boards, gypsum powder, cement boards and false ceilings.
The CMA approved, in June, the application submitted by the company to register and offer 1.75 million shares, or 12.5% of its capital, on Nomu.
|
Company Profile |
|
|
Company |
United Mining Industries Co. |
|
Market |
Nomu-Parallel Market |
|
Core Activities |
Building and construction |
|
Capital |
SAR 140 mln |
|
IPO Summary |
|
|
Issue Percentage |
12.5% |
|
Offered Shares |
1.75 mln |
|
Minimum Limit |
10 shares |
|
Maximum Limit |
699,972 shares |
|
Offer Period |
Sept. 26- Oct. 2, 2023 |
|
Final Allocation |
Oct. 5, 2023 |
|
Refund (if any) |
Oct. 9, 2023 |
|
Company Shareholders |
||||
|
Shareholders |
Pre-IPO |
Post-IPO |
||
|
Number of Shares (mln shares) |
Ownership (%) |
Number of Shares (mln shares) |
Ownership (%) |
|
|
Al Rashid Development Co. Ltd (Rashidco) |
3.83 |
27.33% |
3.35 |
23.91% |
|
Abdulkader Al-Muhaideb and Sons Co. |
3.18 |
22.75% |
2.79 |
19.90% |
|
Al Moajil Trading and Contracting Co. |
3.09 |
22.08% |
2.70 |
19.32% |
|
Other shareholders (owning less than 5% of capital) |
3.90 |
27.84% |
3.41 |
24.37% |
|
Qualified investors |
-- |
-- |
1.75 |
12.50% |
|
Total |
14.00 |
100% |
14.00 |
100% |
|
Additional Information |
|
|
Financial Advisor |
Alkhair Capital |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}