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
- 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.
Our Securities Offerings Credentials
| Company | Sector | Type of Offering | Stock Exchange | Year |
|---|---|---|---|---|
| Intelligent Oud Company for Trading | Household & Personal Products | Sukuk IPO (through a program) | Sukuk & Bonds Market | 2026 |
| MSGA Investment Company | Real Estate Management & Development | Shares IPO | Parallel Market (Nomu) | 2026 |
| Saudi Fisheries Co. (AlAsmak)* | F&B | Rights Issue | Main Market (Tasi) | 2026 |
| Naseej International Trading Co.* | Consumer Durables & Apparel | Rights Issue | Main Market (Tasi) | 2026 |
| Saudi Industrial Development Co. (SIDC) | Consumer Durables & Apparel | Rights Issue | Main Market (Tasi) | 2025 |
| Aqaseem Factory for Chemicals & Plastics | Materials | Sukuk IPO (through a program) | Sukuk & Bonds Market | 2025 |
| Nofoth Food Products Company | F&B | Transfer from Nomu to Tasi | Main Market (Tasi) | 2025 |
| Saudi AZM for Communication and Information Technology Co. | Software and Services | Transfer from Nomu to Tasi | Main Market (Tasi) | 2025 |
| GAS Arabian Services Company | Capital Goods | Transfer from Nomu to Tasi | Main Market (Tasi) | 2025 |
| Obeikan Glass Company | Capital Goods | Transfer from Nomu to Tasi | Main Market (Tasi) | 2025 |
ECM&DCM Credentials
| Company | Sector | Type of Offering | Stock Exchange | Year |
|---|---|---|---|---|
| First Avenue Real Estate Development Co* | Real Estate Management & Development | IPO | Parallel Market (Nomu) | 2024 |
| Al Hokail Academy Specialized Digital Polyclinics Co.** | Health Care Equipment & Services | IPO | Parallel Market (Nomu) | 2024 |
| SAMA Healthy Water Factory Co.*** | F&B | IPO | Parallel Market (Nomu) | 2024 |
| Mohammed Hadi Al Rasheed and Partners*** | Materials | IPO | Parallel Market (Nomu) | 2024 |
| Walaa Cooperative Insurance | Insurance | Rights Issue | Main Market (Tasi) | 2024 |
| Al Sagr Cooperative Insurance | Insurance | Rights Issue | Main Market (Tasi) | 2024 |
| Takween Advanced Industries | Materials | Rights Issue | Main Market (Tasi) | 2024 |
| Saudi Arabian Amiantit | Capital Goods | Rights Issue | Main Market (Tasi) | 2024 |
| Naseej Trading International**** | Consumer Durables & Apparel | Rights Issue | Main Market (Tasi) | 2023 |
* Awarded the best IPO for year 2024 at the Capital Markets Forum Event hosted by the Saudi Stock Exchange–Tadawul.
** Obtained CMA & Tadawul approvals but did not proceed with offering.
*** Legal due diligence advisor.
**** Obtained CMA & Tadawul approvals but the EGM did not approve the rights issue.
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 & 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.