List of receiving banks for MC4 IPO

02/10/2024 Argaam
Logo ofFourth Milling Co. (MC4)

Logo of Fourth Milling Co. (MC4) 

Retail investors began today, Oct. 2, subscribing to 32.4 million shares of Fourth Milling Co. (MC4) at SAR 5.3 per share, as determined through the book-building process. 

 

For More IPOs

 

The company decided to float 162 million shares, or 30% of its share capital, on TASI at a nominal value of SAR 1 per share, data available to Argaam showed.

 

The receiving banks are Riyad Bank and Arab National Bank (ANB).

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