Leaf Global: Strategic Expansions in Environmental Services

Leaf Global for Environmental Services specializes in a wide range of environmental services, including environmental impact assessments, environmental compliance monitoring, construction management plans, as well as terrestrial and marine environmental surveys.

The company has announced its intention to offer 1.5 million shares for public subscription on May 26th, in preparation for its listing on the parallel market (Nomu). The initial prospectus for the public offering was announced on Thursday, May 2, 2024. The offered shares represent 30% of the company’s capital of 25 million SAR, divided into 5 million shares, with a nominal value of 5 SAR per share.

The following points detail the company’s sectors as specified in the prospectus:

Environmental Services:

The company’s engineers conduct monitoring in accordance with the standards of the National Center for Environmental Compliance. They also monitor standards for major companies such as Saudi Aramco, Red Sea Global, and AMAALA. Additionally, the company conducts marine and regional environmental surveys, environmental management plans (CEMPs), and environmental impact assessments.

Coral Reef Development:

The company relocates corals to different suitable locations for planting. The renewal process is managed by marine biologists who identify various species and develop artificial coral reefs by placing blocks and baskets on the seabed, then attaching existing corals to them with continuous monitoring.

Mangrove Planting:

The company builds dedicated spaces according to site and client requirements, collects seeds, plants them, and ensures their strengthening and growth.

The prospectus indicates that the environmental services provided by Aleef Global are the largest source of its revenue, with revenues from this sector amounting to 23,893,921 SAR, representing 72.8% of total revenues as of September 30, 2023, as shown in the following figure:

The company’s expansion strategy focuses on technology, innovation, and environmental excellence by providing high-quality services that meet regulatory requirements while minimizing environmental impact. It invests in the latest technologies, data analytics, and digital solutions to enhance the efficiency and effectiveness of its operations. Additionally, the company is committed to research, development, and innovation to stay at the forefront of emerging environmental challenges and offer innovative and advanced solutions.

Today, Leaf Global Environmental Services, has positioned itself at the forefront of environmental solutions and is fully prepared to take a significant step forward with its upcoming public offering. With its distinguished business model, commitment to innovation, and strategic expansion plans, the company aims to continue its growth trajectory and make a substantial impact in the environmental sector both locally and globally.