Saudi tops Gulf IPO league table with USD 2.1 bn in proceeds in 1H 2024
Dr Soliman Abdulkader Fakeeh Hospital’s IPO was the largest offering on Tadawul in 1H 2024
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Dr Soliman Abdulkader Fakeeh Hospital’s IPO was the largest offering on Tadawul in 1H 2024
IPO proceeds will be divided between the selling shareholders on a pro rata basis after deducting offering expenses
The company currently boasts a market cap of SAR 5.7 bn.
CMA’s annual reports also shows that net proceeds from all offerings of equity and debt were down 71% year-on-year last…
Plus: Heatwave incoming
The total number of listings on Tadawul across all securities hit the 400 mark in March 2024
The sale drew in orders of over USD 65 bn
Pundits seem to think the shares would have enjoyed a bigger first-day pop had Aramco not been in the market…
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