UMI sets price range between SAR 31-34/share for IPO on Nomu

21/09/2023 Argaam

UMI sets price range between SAR 31-34/share for IPO on Nomu

Logo of United Mining Industries (UMI)

United Mining Industries Co. (UMI) set the price range for its initial public offering (IPO) on the Nomu-Parallel Market at SAR 31-34 per share, said AlKhair Capital Saudi Arabia, the financial advisor and lead manager on the potential offering.

 

The book-building process for qualified investors will run from Sept. 26 to Oct. 2, according to a statement on Tadawul.

 

The company plans to float 1.75 million shares on Nomu, representing 12.5% of its capital reaching SAR 140 million, Argaam earlier reported.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read