Miahona IPO priced at SAR 11.50/share

09/05/2024 Argaam
Logo ofMiahona Co.

Logo of Miahona Co.

Miahona Co. successfully completed the book-building process for its initial public offering (IPO) on the Saudi Exchange (Tadawul), setting the final IPO price at SAR 11.50 per share.

 

The order book was 170x oversubscribed, according to lead manager Saudi Fransi Capital (SFC), and, joint financial advisors, bookrunners and underwriters SFC and EFG Hermes KSA.

 

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