break 3 Riyadh The item with corrected headline follows: Saudi Shares Market commences business after Eid-break 3 Riyadh During the last year 2006, a number of companies have floated shares for subscription, but their entry into the the market had not yet taken place. The polypropylene Company has floated 66.375 million shares for public subscription at a nominal value of 10 riyals for a single share representing an increase in the company's capital to become on completion of the floatation process to reach an amount of 1413.75 million riyals divided into 141.375 million shares, effective from 25 / 11 / 2006. Al-Abdul-latif for Industrial Investment company has allocated a capital of 650 million for floatation to be split into 65 million shares. Out of this volume, 19.5 million shares are reserved for public subscription with each share valued at 42 Riyals which represents 10 riyals nominal value and 32 riyals issuance fees, to be effective on 9 / 12 / 2006.
