Al Khaldi prices Nomu IPO at SAR 44-47 apiece + Adeer offering nearly 7x oversubscribed
Al Khaldi is taking a 7% stake to market in a secondary share sale
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Al Khaldi is taking a 7% stake to market in a secondary share sale
Bookbuilding kicks off next week
The offering price could see the company raise SAR 48.4 mn in proceeds
Qualified investors will be able to put in their orders starting tomorrow and until Wednesday, 21 May
This could see the company raise SAR 80 mn in proceeds
The subscription period will kick off on Tuesday, 27 May
The subscription period Kicks off on 27 May
Selling shareholders stand to gain SAR 27.6 mn in net proceeds
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