![List of receiving banks for SMASCO IPO](https://argaamplus.s3.amazonaws.com/3871b8c2-87cc-449d-8ab1-de6014896291.png)
Logo of Saudi Manpower Solutions Co. (SMASCO)
Retail investors will start today, May 26, subscription to 12 million shares of Saudi Manpower Solutions Co. (
SMASCO) at SAR 7.50 per share, as set in the book-building process.
The company decided to float 120 million shares in an initial public offering (IPO), representing 30% of its post-IPO capital of SAR 400 million, according to data available with Argaam.
The par value of the share is SAR 1.
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