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Specialized Medical Company’s retail offering was 1.45x oversubscribed
Final allocations are due next week
Acwa Power’s SAR 7 bn rights issue is pending shareholder approval. PLUS: D360 Bank approves SAR 450 mn capital increase
The move is part of the company’s strategy to triple its AUM by 2030
SMC prices IPO at SAR 25 per share ahead of Tadawul listing
This implies a total offering size of SAR 1.9 bn
Tadawul posts biggest monthly loss this year in May
Tadawul’s benchmark index TASI shed roughly 4.8% on the month
United Carton Industries’ IPO sees muted debut on Tadawul
It could have been due to an overvalued price, one expert suggested
Flynas to lock in SAR 4.1 bn in IPO proceeds amid massive investor demand
The institutional tranche of the offering was 100x oversubscribed
UCIC wraps up retail offering with SAR 1.1 bn in orders
Each retail investor is set to receive a minimum allocation of 6 shares
Sabic sounds out banks for potential gas unit IPO
National Industrial Gases (Gas) could hit the market as early as this year
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