SNB Cap announces Retal’s intention to list on Tadawul

09/05/2022 Argaam
Logo of Retal Urban Development Co.

Logo of Retal Urban Development Co.

Retal Urban Development Co. (Retal) intends to offer and list 12 million ordinary shares, representing 30% of its capital, on the main market, SNB Capital Co., the financial advisor, bookrunner, lead manager and underwriter on the potential offering, announced in a statement to the Saudi Exchange (Tadawul).

 

Tadawul approved Retal’s application to list of its shares on main market on Oct. 20, 2021, while the Capital Market Authority (CMA) approved the application on March 16, 2022.

 

The offering price will be determined after the book-building period, the statement noted.

 

For More IPOs

Offering of Retal Urban Development Co.

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.