The Capital Market Authority Announces the Initial Public Offering of Hail Cement Company

The CMA Board has issued its resolution number (7-22-2011) on 24/7/1432H (26/6/2011G) approving the initial public offering of (48,950,000) shares, which represent (50%) of Hail Cement Company share capital. The offer price will be (SAR 10) per share, and the subscription period will be from 22/10/1432H (20/9/2011G) to 28/10/1432H (26/9/2011G).


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