
Tamkeen HR (“Tamkeen Human Resources” or the “Company”) is pleased to announce its intention to offer 30% of its share capital to the public (following the issuance of the Offer Shares through an Initial Public Offering (“IPO”) and listing its shares on the Main Market of the Saudi Exchange (“Tadawul”). Institutional and retail investors will have the opportunity to acquire shares and participate in Tamkeen’s long-term growth strategy, benefiting from the expanding workforce solutions sector in Saudi Arabia. Tamkeen HR is a pioneering human resources solutions provider in Saudi Arabia, dedicated to empowering businesses through innovative workforce management, recruitment, and outsourcing services. In addition to serving corporate clients, the Company offers a wide range of services for individual, such as providing domestic help, chauffeurs, and babysitters, supported by its expansive network and digital infrastructure. With a mission to enable all human resources and enhance efficiencies, Tamkeen HR aims to strengthen the roles of individuals and organizations in the Saudi labor sector, driving a qualitative shift aligned with the Kingdom's Vision 2030. This vision underscores Tamkeen HR's commitment to contributing to the socio-economic transformation of Saudi Arabia by supporting the nation's ambitious development goals.
As we stand on the threshold of this significant milestone, I am immensely proud of Tamkeen’s role in contributing to the realization of Saudi Arabia’s Vision 2030. This visionary framework, aimed at diversifying the Kingdom’s economy and creating a sustainable future, aligns perfectly with Tamkeen’s growth strategy. Our dedication to supporting key national initiatives, such as the Quality-of-Life Program and the Human Capability Development Program, has not only driven our expansion but also established us as a pivotal player in the Kingdom’s economic transformation. As we stand on the threshold of this significant milestone, I am immensely proud of Tamkeen’s role in contributing to the realization of Saudi Arabia’s Vision 2030. This visionary framework, aimed at diversifying the Kingdom’s economy and creating a sustainable future, aligns perfectly with Tamkeen’s growth strategy. Our dedication to supporting key national initiatives, such as the Quality-of-Life Program and the Human Capability Development Program, has not only driven our expansion but also established us as a pivotal player in the Kingdom’s economic transformation. The decision to go public marks a new chapter in Tamkeen’s journey, one that is intricately connected with the broader aspirations of our nation. By opening our doors to public investment, we are enhancing our capacity to scale and innovate, while also reaffirming our commitment to the long-term prosperity of Saudi Arabia. The IPO is more than just a financial milestone; it is a testament to our unwavering dedication to the future of this great nation. Together, we are building a resilient and diversified economy, and I invite you to join us on this exciting journey.
As we embark on a new chapter in Tamkeen HR's journey, I am filled with pride as I reflect on our remarkable achievements in the workforce solutions industry. Our success stems from our commitment to innovation and our ability to deliver tailored solutions that cater to the diverse needs of our clients. By aligning our business strategies with the opportunities presented by Saudi Arabia’s Vision 2030, we have positioned Tamkeen as one of the top five companies in the market poised to capitalize on new growth opportunities. The upcoming IPO represents a strategic move to accelerate our expansion and enhance our operational capabilities. With the additional resources, we plan to broaden our service offerings, invest in cutting-edge technology, and expand our presence across the Kingdom. This will enable us to better serve our corporate, government, and individual clients, ensuring we consistently meet and exceed their expectations. At Tamkeen, our focus remains on delivering exceptional value and maintaining the highest standards of service. The IPO will provide us with the financial strength to pursue our ambitious growth plans, while also allowing us to invest in our people, our technology, and our customer relationships. As we move forward, I am confident that Tamkeen will continue to lead the way in the workforce solutions industry, creating lasting value for our shareholders, clients, and the communities we serve.
Northern Region
2 Branches
Central Region
6 Branches
Eastern Region
3 Branches
Western Region
4 Branches
Southern Region
2 Branches
The shares will be listed on the Main Market of the Saudi Exchange.
Subscription to the offer shares is restricted to the following two groups of investors: (1) Qualified Investors (any investor who is approved by the Saudi Capital Market Authority) and (2) Individual Investors (Saudi Arabian nationals, GCC nationals and foreign residents in Saudi Arabia, with an active bank account with one of the participating banks).
Please refer to the 'How to Subscribe' section on this page for more information.
The Offering’s final price will be set after the book-building period is complete.
Please refer to the ‘IPO Timeline’ section on this page for details.
There will be no implementation of a lock-up period or restriction on the sale of shares following the listing.
Ensure you have an active current account with one of the receiving banks listed here.
Visit https://tamkeenhr.com/ipo/ to get more information about the company and its public offering through the ITF and Prospectus.
Make an investment decision after reviewing the Prospectus and discussing the details with your financial advisor.
Subscribe to the offering, at the offer price, by applying online via the receiving banks’ websites or via their digital applications.
Once shares are allocated, you may or may not receive full allocation for your order. Any excess will be refunded to you.
The Company will list on the Saudi Exchange and changes in share price can be monitored on the Exchange.
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