CMA approves IPO of GIB Opportunistic Equity Fund

21/12/2017 Argaam

 

Saudi Arabia’s Capital Market Authority (CMA) approved on Thursday a request from GIB Capital to sell the units of GIB Opportunistic Study Equity Fund in an initial public offering (IPO).

 

Investors should study the fund’s terms and conditions before making any investment decisions, and can seek advice from the fund manager, the Kingdom's market regulator said in a statement.   

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