Fakeeh Care + Miahona closer to Tadawul listings
Rump shares will be distributed to subscribers on a pro rata basis
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Rump shares will be distributed to subscribers on a pro rata basis
The pricing would see it raise up to SAR 516 mn in IPO proceeds
This would give the company a post-IPO market cap of SAR 250 mn
The final price gives the company a post-IPO market cap of SAR 135 mn
The final price puts the company’s market cap at SAR 2.8 bn post-listing.
Plus: Turkish steelmaker Tosyali is eyeing a USD 5 bn steel plant in Saudi
The offering was 6.8x oversubscribed
The offering could give the company a SAR 90 mn market cap post-listing.
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