View United IPO price on Nomu set at SAR 70/share

14/11/2023 Argaam
Logo ofView United Real Estate Development Co.

Logo of View United Real Estate Development Co.

Watheeq Capital, the financial advisor overseeing the Initial Public Offering (IPO) of View United Real Estate Development Co. on the Nomu-Parallel Market, set the offering price at SAR 70 per share.

 

In a statement to Tadawul, the company said 600,000 shares will be offered, constituting 18.18% of its capital after the IPO. This percentage represents 20% of the company's capital before the IPO.

 

The offering period for qualified investors will run seven days from Nov. 19 till Nov. 27, according to data available on Argaam.

 

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