List of receiving banks for Fakeeh Care’s IPO

Logo of Dr. Soliman Abdulkader Fakeeh Hospital Co. (Fakeeh Care Group) 

Retail investors will start today, May 21 subscription to 4.98 million shares of Dr. Soliman Abdulkader Fakeeh Hospital Co. (Fakeeh Care Group) at SAR 57.50 per share, as set in the book-building process.

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The receiving banks are Al Rajhi Bank, Saudi National Bank, Bank AlJazira, Arab National Bank, Alinma Bank, and Saudi Awwal Bank.

The company earlier decided to float 49.8 million shares in an initial public offering (IPO), representing 21.47% of its post-IPO capital of SAR 232 million, according to data available with Argaam.