SAMA Water IPO price range on Nomu set at SAR 2.5-2.7/share

04:08 PM (Mecca time) Argaam
Logo ofSAMA Healthy Water Factory Co.

Logo of SAMA Healthy Water Factory Co.

Yaqeen Capital, the financial advisor and lead manager on the potential IPO of SAMA Healthy Water Factory Co., set the offering price range at SAR 2.5-2.7 per share, according to Tadawul website.

 

For More IPOs

 

The book-building process for qualified investors will run from Oct. 2-8.

 

According to data available with Argaam, the company plans to float 10 million shares on Nomu, or 20% of its capital, at a par value of SAR 1 each.

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