SMASCO IPO: Subscription period, key dates

26/05/2024 Argaam
Logo ofSaudi Manpower Solutions Co. (SMASCO)

Logo of Saudi Manpower Solutions Co. (SMASCO)


Retail investors will start today, May 26, subscription to Saudi Manpower Solutions Co.'s (SMASCO) 12 million shares at SAR 7.5 apiece.

 

For More IPOs

 

 The retail offering will end on May 27.

 

The company offered 120 million shares, or 30% of its capital, 10% of which was allocated to retail investors and 90% to institutions.

 

Key Dates of Subscription

Retail Offering

May 26-27, 2024

Final Date for Subscription

May 27, 2024

Final Allocation

June 3, 2024

Surplus Refunds

June 10, 2024

Expected Date of Listing

After completing all related regulatory approvals and procedures.

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