Latest news with #LamasatCo.
Argaam
18-02-2025
- Business
- Argaam
Lamasat signs MoU with RCJY to lease land plot
Lamasat Co. signed on Feb. 7 an investment agreement with the Royal Commission for Jubail and Yanbu (RCJY) to lease a commercial land plot in Yanbu for 20 years to establish a new branch, according to a statement to Tadawul.. The land covers an area of 418.9 square meters, with an annual rental value of SAR 16,800 per Hijri year. Lamasat stated that the financial impact will be seen in increased company revenues in the coming years, with this expected to occur in the second quarter of 2026. The company said it will announce later the development of this project, noting that there are no related parties.
Argaam
09-02-2025
- Business
- Argaam
Lamasat begins trading on Nomu today at SAR 5.75/shr
Lamasat Co. will start trading on the Nomu -Parallel Market today, Feb. 9, under the symbol 9628 and ISIN Code SA76902KME11, at SAR 5.57 apiece. The stock will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively. Lamasat offered six million shares, representing 7.41% of the company's post-IPO capital of SAR 81 million (divided into 81 million shares) at SAR 1 per share. The coverage rate reached 1,101.3% of the total shares offered. This is the sixth listing on Nomu in 2025, after Shmoh Almadi Co. debuting on Jan. 13, ITMAM Consulting Co. on Jan. 23 and Twareat Medical Center, Alshehili Co. for Metal Industries on Jan. 29., and Basma Adeem Medical Co. (Smile Care) on Feb. 3. Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors. This listing brings the number of Nomu firms to 110, in addition to Alwaha REIT Fund. Company profile: Lamasat was established as a limited liability company in Madinah in 2006. The company's current actual activity is to provide women's beauty services, sell cosmetics goods and products online, as well as offer personal care, photography, and montage services. Company Lamasat Co. Market Nomu-Parallel Market Core Activities Women's beauty services and cosmetics sale Pre-IPO Capital SAR 75 mln Number of Shares 75 mln Post-IPO Capital SAR 81 mln Number of shares after IPO 81 mln Share Par Value SAR 1 Company Shareholders Shareholders Before IPO After IPO Number of Shares (mln) Ownership (%) Number of Shares (mln) Ownership (%) Aisha Salem Rizk Badawi 25.54 34.05% 25.54 31.53% Mohammed Hamza Mohammed Masoudi 18.08 24.10% 18.08 22.32% Ahmed Hamza Mohammed Masoudi 17.50 23.34% 17.50 21.61% Hazem Hamza Mohammed Masoudi 6.57 8.77% 6.57 8.12% Abeer Hamza Mohammed Masoudi 6.18 8.24% 6.18 7.63% Hatim Hamza Mohammed Masoudi 1.12 1.50% 1.12 1.38% New shares to be offered to qualified investors -- -- 6.00 7.41% Total 75.00 100% 81.00 100%
