Swicorp Wabel REIT to close IPO today

08/04/2018 Argaam

 

The initial public offering of Swicorp Wabel REIT will close by the end of business today.

 

The fund has been offering 35.4 million units at SAR 10 per unit, totaling SAR 354 million -- 30 percent of its total capital of SAR 1.18 billion.

 

Minimum subscription stands at SAR 500. Constituent units will be listed on Tadawul upon completion of subscription process.

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