IUTC issues prospectus for 13% offering on Nomu
Net proceeds will go to selling majority shareholder Abdul Aziz Al Otaibi
Available in your choice of English or Arabic
Net proceeds will go to selling majority shareholder Abdul Aziz Al Otaibi
The shares hit an intraday high of +18%
The pricing sees the company raising SAR 30.8 mn in proceeds
Subscription starts today
Shares went at SAR 127 apiece
PLUS: Companies have until 18 January to amend their founding documents
The pricing will see the company raising SAR 42.2 mn in proceeds
PLUS: The Kingdom could get specialized courts for investment disputes
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