Investment funds’ AUM surge 30% y-o-y to SAR 660.2 bn in 3Q
Institutional investors held 95.5% of equities
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Institutional investors held 95.5% of equities
The offering was 16.1x oversubscribed
Final shares allocation wrapped up yesterday
Proceeds from the offering will be distributed across selling shareholders and the firm
The price sees the offering raising SAR 45 mn in total proceeds
The company reported SAR 4.5 mn in net income in 1H 2024
The draft amendments will expand foreign investors’ access beyond the debt market, Nomu, and derivatives
The offering was 1.5x oversubscribed
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