Ghida Al-Sultan prices IPO on Nomu at SAR 84/share

07/03/2023 Argaam
Logo ofGhida Al-Sultan Co.

Logo of Ghida Al-Sultan Co.

Alinma Investment Co., the financial advisor on the initial public offering (IPO) of Ghida Al-Sultan Co. on Nomu-Parallel Market, set the offer price at SAR 84 per share.

 

The offering will run from March 12-19, the company said in a statement to Tadawul.

 

In December 2022, the Capital Market Authority (CMA) approved the application received from the company to offer 640,000 shares, or 20% of its capital, on Nomu, Argaam earlier reported.

 

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