Fourth Milling to sell 30% stake in Tadawul IPO
The IPO will take place through a secondary share sale
Available in your choice of English or Arabic
The IPO will take place through a secondary share sale
Retail investors can place orders starting 15 September
The transaction will give the company a market cap of up to SAR 3.4 bn at listing
Institutional investors have until Thursday, 29 August to place orders
The transaction would give the company a market cap of up to SAR 24 bn at listing
EGC has a market cap of SAR 80 mn
The offering could see the company raise SAR 64.3 mn in proceeds, if fully covered
The company claims to possess the largest wheat milling capacity in the Kingdom, with a 28.4% market share
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