Mulkia Investment Company intends to register its shares and offer a portion of them to qualified investors for the initial public offering and list them in the parallel market – Nomu, with a number of (1,300,000) shares representing (20%) of its shares of the company’s capital.
Company’s paid-up capital is 65 million riyals, divided into 6 million and 500 thousand shares with a nominal value of 10 Saudi riyals per share.
The offering will be limited to the categories of qualified investors stipulated in the list of terms used in the Capital Market Authority’s regulations and rules, and the prospectus has been published on the Capital Market Authority’s website and the company’s website.
|Capital||Number of Shares||Number of Shares Offered||Of the Company's Share Capital|
|Announce the IPO||Subscription Begins||Subscription Ends||Announcement of Final Allocation of Offer Shares||Refund of the surplus|
It is expected that trading of the company’s shares will begin in the parallel market after all requirements have been met and all relevant regulatory procedures have been completed. The start of share trading will be announced in local newspapers and the Saudi Tadawul website..