Corporate & Securities

Our corporate and securities group gained a strong reputation in the market for consistently and expediently completing capital markets transactions and delivering high quality of work. We deliver proven results in a full range of corporate legal areas, including: initial public offering, direct listings in the capital market, capital increase and reduction, mergers and acquisitions, private placements, Sukuk issuance, transitions to the main market.

Key legal advisory services include

Due diligence

Regulatory advice

Capital reconstruction

Corporate governance

Funds

Incorporation and company secretarial

Mergers & Acquisitions

Restructuring of business entities

Pre-IPO restructuring

IPOs, Rights issues, direct listing

Secondary offerings

Continuing obligation under CMA rules

Equity financings

General counsel services

Private equity

Shareholders’ agreement

RECENT CREDENTIALS

KLA Firm’s Corporate & Securities Group is regularly engaged by Saudi Arabian Public Joint Stock Companies to advise and assist with IPOs, rights issues, and the listing of securities on the Saudi Stock Exchange. Our lawyers, advisors, and legal specialists have recently represented numerous Saudi companies across a wide range of securities and transactional matters.

Company	Sector	Type of Offering	Stock Exchange
First Avenue Real Estate Development Co.	Real Estate Management & Development	IPO	Parallel Market (Nomu)
Al Hokail Academy Specialized Digital Polyclinics Co.*	Health Care Equipement & Services	IPO	Parallel Market (Nomu)
SAMA Healthy Water Factory Co.**	F&B	IPO	Parallel Market (Nomu)
Mohamamed Hadi Al Rasheed and Partners**	Materials	IPO	Parallel Market (Nomu)
Aqaseem Factory for Chemicals & Plastics Co.***	Materials	Sukuk IPO (through a program)	Main Market (Tasi)
Walaa Cooperative Insurance Co	Insurance	Rights Issue	Main Market (Tasi)
Al Sagr Cooperative Insurance Co	Insurance	Rights Issue	Main Market (Tasi)
Takween Advanced Industries Co.	Materials	Rights Issue	Main Market (Tasi)
Saudi Arabian Amiantit Co.	Capital Goods	Rights Issue	Main Market (Tasi)
Naseej Trading International	Consumer Durables & Apparel	Rights Issue	Main Market (Tasi)

* Obtained CMA approval but did not proceed with transaction
** Legal due diligence advisor
*** Obtained CMA and Tadawul approvals for the ongoing offering

Equity Capital Markets | ECM

KLA Firm has assisted numerous clients in the development of greenfield projects through private equity. Many companies planning an IPO first wish to conduct a private fundraising round to elevate their business and increase critical mass before launching a public offering. Our team has extensive expertise in advising and assisting with private placement transactions, which are generally confidential. Over the past years, we have represented issuers and/or financial advisors in private placement transactions followed by an IPO or direct listing, involving issuers from various industries. KLA Firm has also assisted many public joint-stock companies with capital increases and reductions. Our capital markets team is the most active in Saudi Arabia, having led almost all the rights issues that have taken place in the Kingdom (whether representing issuers or underwriters).

Debt Capital Markets | DCM

In recent years, our firm has successfully advised and assisted two of the three Saudi corporations involved in the first wave of Initial Public Offerings (IPOs) and Sukuk listings on the main market (TASI).

Investment Funds

Clients value our team ability to draft fund offering documentation and make complex unit offering
issues understandable. With annual legal support for fund managers in KSA, our partners offer a unique
and comprehensive perspective on the private fund industry. This allows us to provide practical and
creative structuring solutions that work for both fund sponsors and investors.

Mergers and Acquisitions

Our Team have represented strategic buyers and sellers, entrepreneurs, public and private companies, boards and board committees, private equity funds, venture capital funds, investment banks, and other financial sponsors.