Logo of Future Vision for Health Training Co.
The share sale will run from April 6-10.
In December 2024, the Capital Market Authority (CMA) approved the company’s application to offer its shares on Nomu.
Future Vision was established in 2019 as a limited liability company in Madinah before transforming into a joint-stock company.
The company's activities focus on professional development, training, and education, offering certified training courses accredited by the Saudi Commission for Health Specialties and life support courses approved by the American Heart Association and the Saudi Heart Association. These courses are provided through the company's branches in Riyadh, Jeddah, and Madinah, as well as via live-streaming through its official website.
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Company Profile |
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Company |
Future Vision for Health Training Co. |
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Market |
Nomu-Parallel Market |
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Core Activities |
Vocational development, training and education |
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Pre-IPO Capital |
SAR 8 mln |
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Number of Shares |
8 mln |
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Post-IPO Capital |
SAR 10 |
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Number of Shares |
10 mln |
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Nominal Value |
SAR 1 |
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IPO Summary |
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Issue Percentage |
20% post-IPO, 25% pre-IPO |
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Offered Shares |
2 mln |
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Minimum Subscription Limit |
100 shares |
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Maximum Subscription Limit |
499,900 shares |
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Offer Period |
April 6-10, 2025 |
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Final Allocation |
April 15, 2025 |
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Surplus Refund (if any) |
April 17, 2025 |
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Shareholders |
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Shareholders |
Pre-IPO |
Post-IPO |
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No. of Shares (‘000) |
Ownership |
No. of Shares (‘000) |
Ownership |
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Wael A. Al-Awfi |
4196.86 |
52.46 % |
4196.86 |
41.97 % |
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Naif A. Al-Harbi |
800.00 |
10.00 % |
800.00 |
8.00 % |
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Sahmeen Investment Co. |
400.00 |
5.00% |
400.00 |
4.00 % |
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60 shareholders owning less than 5% |
2603.14 |
32.54% |
2603.14 |
26.03% |
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Qualified Investors |
-- |
-- |
2000.00 |
20.00 % |
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Total |
8000.00 |
100 % |
10000.00 |
100 % |
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Additional Information |
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Financial Advisor & Lead Manager |
Yaqeen Capital |
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Receiving Entities |
Derayah Financial, Alinma Investment, Al Rajhi Capital, SNB Capital, BSF Capital, Riyad Capital, ANB Capital, Alistithmar Capital, Albilad Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, and Sahm Capital. |
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