Logo of Morabaha Marina Financing Co.
Retail investors will start today, May 28, subscription to Morabaha Marina Financing Co.’s (MMFC) 2.14 million shares at SAR 14.60 each.
The retail offering will run from May 28-29.
MMFC offered 21.43 million shares, or 30% of its capital after increase, 10% of which were allocated to the retail investors and 90% to institutions.
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Key Dates of Subscription |
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Retail Offering |
May 28-29, 2023 |
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Final Date for Subscription |
May 29, 2023 |
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Final Allocation |
June 4, 2023 |
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Surplus Refunds (if any) |
June 14, 2023 |
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Expected Date for Share Listing |
After completing all requirements and relevant regulatory procedures |
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