Here’s a list of receiving banks for MBC Group’s IPO

14/12/2023 Argaam

Here’s a list of receiving banks for MBC Group’s IPO

Logo of MBC Group

MBC Group offered today, Dec. 14, 3.32 million shares for retail subscription at SAR 25 a share, as per the book-building process.

 

The company offered 33.25 million shares, or 10% of its post-IPO capital of SAR 3.32 billion (332.5 million shares).

 

The receiving banks are Riyad Bank, Banque Saudi Fransi (BSF), Arab National Bank (ANB), and Saudi National Bank (SNB).

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