The CMA Board has issued its resolution approving the initial public offering of (15,000,000) shares representing (30%) of Bawan Company’s share capital. A portion of the offered shares will be allocated to mutual funds and authorized persons. The Company's shares will be offered during the period from 24/01/1435H to 30/01/1435H, which corresponds to the period from 27/11/2013G to 03/12/2013G, once the book-building process is complete.

The Company's prospectus will be published within sufficient time prior to the start of the subscription period. The prospectus includes all relevant information that the investor needs to know before making an investment decision, including the share price, Company's financial statements, activities and management.