Edaa deposits BinDawood subscribed securities into shareholders’ portfolios today

19/10/2020 Argaam

The Securities Depository Center (Edaa) credited, today, Oct. 19, the subscribed securities of BinDawood Holding Co. to the accounts of eligible securities' holders.

     

BinDawood’s retail offering was 1,396% oversubscribed, after  24,046 individual investors injected SAR 3.06 billion to buy shares at SAR 96. 

 

Final allocations and refunds (if any) will be processed no later than Oct. 20, while the institutional offering was 4,870% oversubscribed .

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