RIYADH: Saudi Networkers Services Co., a Riyadh-based technical consulting services provider, will list its shares on the Kingdom’s parallel Nomu market on Aug. 17, according to a bourse filing. The initial public offering price was earlier set at SR71 ($19) per share, yielding strong demand from qualified investors with the IPO being 223 percent oversubscribed. Led by
RIYADH: Naba Alsaha Medical Services Co.’s initial public offering has been priced at SR57 ($15) per share, amid plans to float 1.4 million shares on the Saudi Exchange, representing 20 percent of its capital. The subscription period will run for six days starting Aug. 8, according to the financial advisor of the offer Aldukheil Financial Group. With a capital of SR70 million,
RIYADH: Riyadh-based Saudi Networkers Services Co. has set the price of its initial public offering at SR71 ($19) per share as it plans to list its shares on the Kingdom's stock exchange, according to a bourse filing. The technical consulting services provider is looking to float 25 percent of its capital, amounting to 1.5 million shares, on Saudi Arabia’s parallel market
RIYADH: Naba Alsaha Medical Services Co. will float 1.4 million shares on Nomu-Parallel Market, representing 20 percent of its share capital. The offer price will be determined before the subscription period, which begins on Aug. 8 and ends on Aug. 14, its financial advisor, Aldukheil Financial Group, said in a bourse filing. With a capital of SR70 million ($19 million), Naba
RIYADH: Academy of Learning Co. has published its registration document for a direct listing on Saudi Arabia’s parallel market Nomu at SR40 ($11) per share, the company’s financial advisor Aldukheil Financial Group stated. The Dammam-based company looks to list 6 million shares on Nomu, with the trading set to be confined to qualified investors, it said in a statement. The