IssuerAnnouncementDetailsV2Portlet
Arbah Capital Company announces the Results of the Offering Process for the shares of Khaled Dhafer & Bros for Logistic Services
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| Announcement Detail | Arbah Capital, in its capacity as the Financial Advisor for the Initial Public Offering of Khaled Dhafer & Bros for Logistic Services (the “Company” or “KDL”) in the Parallel Market “Nomu”, is pleased to announce that the Offering of (700,000) ordinary shares representing (20%) of the Company’s total shares to Qualified Investors has successfully concluded. The Offering Price was determined at (23) SAR per share. With a coverage of 101.98% of the total shares offered during the subscription period from Sunday 30 November 2025 and ended on Tuesday 16 December 2025 to qualified investors, totaling 298 qualified investors. Arbah Capital will finalize the required procedures with the Saudi Stock Exchange and then determine the date for listing of the shares of Khaled Dhafer & Bros for Logistic Services on the Parallel Market “Nomu”. Information and details regarding the Offering are available in the prospectus of the Company, please visit the Capital Market Authority website: https://cma.gov.sa/Market/Prospectuses/Documents/KDL_Logistics_ar.pdf |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.