CGS ekes out 0.8% gain on first day of Tadawul trading
The company’s debut comes after a run of weak of IPO performances
Available in your choice of English or Arabic
The company’s debut comes after a run of weak of IPO performances
The subscription period will run until 9 December.
Its institutional offering was 11,1x covered, drawing roughly SAR 10 bn in orders.
Around 21.4 mn shares changed hands across 41k trades worth SAR 450.4 mn
Final allocations are due tomorrow
At the top of the range, the IPO could raise some SAR 336 mn in proceeds, implying a SAR 1.12…
This is the smallest IPO on the main market so far this year.
The institutional bookbuilding period will run 1-7 December.
Something went wrong. Please refresh the page and/or try again.
Queue