Almoosa Health’s Tadawul IPO retail tranche was 5.1x oversubscribed
Shares went at SAR 127 apiece
Available in your choice of English or Arabic
Shares went at SAR 127 apiece
PLUS: Green Falcons make it to Gulf Cup semi finals
PLUS: Modon signs SAR 1.7 bn worth of contracts for infrastructure + superstructure projects
The pricing will see the company raising SAR 42.2 mn in proceeds
PLUS: A new sukuk fund by the Saudi Kuwaiti Finance House
Some 3 mn shares will be up for grabs
The final pricing should see Almoosa lock in SAR 1.7 bn in proceeds
The move comes as part of a PIF strategy to raise funds for diversification plans by offering stakes in portfolio…
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