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The Saudi Exchange announces that the fluctuation limits for Saudi Lime Industries Co. will be based on a share price of SAR 12.38
Saudi Lime Industries Co. EGM held on Monday 2025/07/14 has approved the capital increase via bonus shares. Thus, the fluctuation limits on Tuesday 2025/07/15 for Saudi Lime Industries Co. will be based on a share price of SAR 12.38 and the outstanding orders will be canceled. Furthermore, the Securities Depository Center (Edaa) will deposit the addition shares into the investor’s portfolios by Thursday 2025/07/17.
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The CMA Calls for Public Consultation on the Draft Regulatory Provisions to Enhance IPO Practices
The Capital Market Authority (CMA) called upon all interested persons and participants in the capital market to share their feedback on the regulatory provisions associated with the Draft to enhance the initial public offering (IPO) practices. The consultation period will last for 30 calendar days, ending on 11/05/1448H, corresponding to 22/10/2026. The proposed Draft aims to strengthen the linkage between the requests submitted by participating entities and their actual liquidity and ability to pay, and to reinforce the commitment to requests in accordance with clear regulatory provisions, thereby enhancing the reliability of the book-building process and its role in determining the offering price. This Draft comes as part of the CMA's ongoing efforts to develop the capital market, keep pace with its growth and evolving practices, enhance the efficiency of the offering and pricing process, and reinforce the roles and responsibilities of the parties involved. The proposed regulatory provisions also include enhancing the quality of information available to investors, thereby increasing the reliability of the requests submitted during the book building stage and supporting the price discovery process, which raises the efficiency and quality of the offering and pricing mechanisms. The proposed regulatory provisions also include strengthening the role and responsibility of the underwriter in the offering process from the book-building stage, by requiring the underwriting agreement to be executed and become effective before the commencement of the book-building process, with the underwriter's obligation to purchase all shares offered becoming effective upon the commencement of the book-building process. If the underwriter's ownership of the offered shares results in a failure to meet the listing requirements under the Listing Rules, the issuer's shares shall not be listed, and the underwriter shall purchase all shares offered. The proposed regulatory provisions also require the issuer's financial advisor and any other Capital Market Institution involved in receiving participation orders to undertake additional regulatory procedures in relation to orders submitted during the book-building process. Most notably, they must verify that the participation orders submitted reflect the actual value of liquidity available to the investor, limit the acceptable means of verifying the financial capacity of orders submitted by participating entities to cash or cash equivalents, and ensure that such orders become binding for payment no later than the deadline for payment of the subscription amount, in accordance with the timeline specified in the prospectus. This would strengthen the link between orders submitted during the book-building process and the liquidity or actual ability to pay. As for the issuer, the proposed regulatory provisions require the disclosure of forward-looking statements and forecasts relating to the issuer, including forward-looking financial performance indicators, for a period of at least one year. This would support the determination of the offering price based on clear information, thereby enhancing the reliability of the order book and its role in the pricing process. These proposed regulatory provisions will further enhance the efficiency of the IPO framework as a whole by requiring the financial advisor to exercise the necessary professional due diligence in relation to the issuer's forward-looking statements and forecasts, including forward-looking financial performance indicators. The Draft will also contribute to reinforcing commitment to participation orders submitted during the book-building stage in accordance with the proposed regulatory provisions, enhancing discipline and the efficiency of the offering process, and strengthening the integration of the roles and responsibilities of the underwriter in the offering process from the book-building stage, as well as the roles of the issuer, financial advisor, underwriter, and participating entities. This would enhance the alignment of interests among the relevant parties and increase the reliability of information available to investors through the disclosure of forward-looking financial performance indicators and forecasts based on reasonable and measurable assumptions. In addition, if approved, the Draft would contribute to enhancing the efficiency of capital allocation in the national economy and improving the attractiveness of the Saudi capital market by increasing transparency and strengthening the environment for conducting initial public offerings. The CMA emphasized that the comments from the public shall be taken into full consideration for the purpose of approving the final version of the regulatory provisions associated with the Draft to Enhance Initial Offering Practices, which shall come into effect as of 02/11/2026. Opinions and comments can be received through the Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform), affiliated with the Saudi Competitiveness & Business Center, during the specified consultation period, through the following link: istitlaa.ncc.gov.sa
22/09/2026 20:03:53 -
CMA Announces the Approval of Public Offering of "anb capital Perpetual Sukuk Fund"
The CMA has issued its resolution approving the public offer, by "ANB Capital Company", of "anb capital Perpetual Sukuk Fund". An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the Terms and Conditions which includes detailed information on the Fund, investment strategy and risk factors, and carefully study it to be able to assess the feasibility of taking into consideration the associated risks. If the Terms and conditions proves difficult to understand, it is recommended to refer to the fund manager for more information. The CMA's approval of the fund should never be considered as a recommendation to subscribe in the fund, The CMA's approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
22/09/2026 20:01:52 -
CMA Announces the Approval of the publication of the offer document from Knauf International GmbH Company to United Mining Industries Company’s shareholders to acquire all United Mining Industries Company’s shares.
The CMA announces the issuance of its resolution on 10/04/1448H corresponding to 21/09/2026G approving the proposed offer timetable, as well as the approval of the publication of the offer document from Knauf International GmbH Company to United Mining Industries Company’s shareholders to acquire all United Mining Industries Company’s shares. The offer document must include all relevant information that the shareholders need to know before making an informed decision on the offer, including the offer information and risk factors. Accepting the offer without reading the offer document and carefully reviewing its contents may involve significant risks. Therefore, shareholders should carefully read and review the offer document to reach an informed decision. If the contents of the offer document are difficult to understand, it is recommended that shareholders consult an authorized financial adviser. The CMA’s approval should never be considered as an endorsement of the acquisition’s feasibility. The CMA's approval of the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
22/09/2026 08:26:46 -
CMA Announces the Approval of Retal Urban Development Co.'s Request to Increase its Capital for the purpose of acquiring 47.5% of Ajdan Real Estate Development Company.
The CMA announces the issuance of its resolution on 10/04/1448H corresponding to 21/09/2026G approving Retal Urban Development Co.’s request to increase its capital from SAR (500,000,000) to SAR (555,000,000) by issuing (55,000,000) ordinary shares to acquire 47.5% of Ajdan Real Estate Development Company. The Retal Urban Development Co. capital increase shareholder circular will be published within sufficient time before the Extraordinary General Assembly Meeting. The shareholder circular must include all relevant information that the shareholders need to know before making an informed decision when voting on the capital increase for the purpose described, including the increase in capital and risk factors. A voting decision without reading the shareholders circular and carefully reviewing its content may involve high risks. Therefore, the shareholder should carefully read the shareholders circular to be able to reach a proper voting decision. If the shareholders circular proves difficult to understand, it is recommended to consult with an authorized financial advisor. The CMA's approval of the Company's request to increase its capital should never be considered as an endorsement of the increase in capital for the aforementioned purpose feasibility. The CMA's approval of the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
22/09/2026 08:21:55 -
The Capital Market Authority approves the capital increase request for Ades Holding Company through the issuance of bonus shares
The CMA has issued its resolution approving Ades Holding Company's request to increase its capital from SAR (1,129,062,513) to SAR (2,258,125,026) through issuing (1) bonus share for every (1) existing share owned by the shareholders who are registered in the shareholders registry at the Security Depository Center as of the closing of the second trading day after the due date which will be determined later by the Company's board, such increase will be paid by transferring an amount of SAR (1,129,062,513) from “Share premium” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (1,129,062,513) shares to (2,258,125,026) shares, by an increase of (1,129,062,513) shares. The extraordinary general assembly shall be held within six months from this approval date and the Company shall satisfy all regulatory requirements and applicable laws.
22/09/2026 08:20:50