BinDawood Holding set the price range for its upcoming initial public offering (IPO) between SAR 84 and SAR 96 per share, Goldman Sachs Saudi Arabia and JP Morgan Saudi Arabia, the IPO’s financial advisors, said.

 

The book building process for institutional investors, which starts today will run until Sept. 22.

 

A total of 22.86 million shares or 100% of the offering size will be allocated to institutional investors, subject to a scale-back to 90% or 20.57 million shares.

 

Meanwhile, up to 10% of the offering size or 2.286 million shares will be allocated to this tranche.

 

The retail offering will open from Sept. 27-29.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

BinDawood issues prospectus to float 22.86 mln shares on Tadawul

International Market Indices

Tokyo
39,027.01
305.35 0.79 %
more

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request