Al Ashghal Al Moysra IPO price range on Nomu set at SAR 35-50/share

01/07/2024 Argaam

Al Ashghal Al Moysra IPO price range on Nomu set at SAR 35-50/share

Logo of Al Ashghal Al Moysra Co.

Yaqeen Capital Co., the financial advisor and lead manager for the potential initial public offering (IPO) of Al Ashghal Al Moysra Co., set the offering price range on the Nomu-Parallel Market at SAR 35-50 per share.

 

The book-building period for qualified Investors will run between July 7-15, according to a filing to Tadawul.

 

For More IPOs

 

The company earlier announced that it plans to float 480,000 ordinary shares, representing 20% of its capital, on Nomu, according to data available with Argaam.

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