Alwasail Industrial sets IPO price range between SAR 16-19/share

26/12/2021 Argaam

Logo of Alwasail Industrial Co.

Alwasail Industrial Co. set the price range for its upcoming initial public offering (IPO) on Nomu Parallel Market between SAR 16 and SAR 19 per share, according to FALCOM Financial Services Co., in its capacity as the financial advisor and lead manager of the potential IPO.

 

The book-building process for participating parties begins today, Dec. 26, and will end on Dec. 30, FALCOM said in a bourse statement.

 

Alwasail Industrial will list a 10% stake, representing 2.5 million shares.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.