A look at receiving banks for First Mills IPO

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Retail investors start today, June 6, subscription to 1.67 million shares of First Milling Co. (First Mills) at SAR 60 per share.

The price was determined through the book-building process.

First Mills offered 16.65 million shares in an IPO, representing 30% of its capital, which is divided into 55.5 million shares.

The list of the receiving banks for the IPO includes Saudi National Bank (SNB),  Alinma Bank, and Al Rajhi Bank.

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