The Capital Market Authority announces the Initial Public Offering of (Halwani Bros.)

The CMA is pleased to announce Halwani Bros. Initial Public Offering of (8,571,430) shares representing (30%) of the company`s total outstanding shares. portion of the offered shares will be allocated for mutual funds. The company`s shares will be offered during the period from (17/6/1429)H to (21/6/2008)H, which corresponds to the period from (26/6/1429)G to (30/6/2008)G, once the book-building process is complete.


The company`s prospectus will be posted to the public prior to the subscription period by a sufficient time. The prospectus includes all relevant information that the investors need to know before making an investment decision, including the share price, company`s financial statements, activities and management.