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Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on Sunday. The company aims to raise as much as 900 million riyals ($240 million) in its initial public offering on Riyadh's main bourse, it said earlier this month. SMASCO plans to offer 120 million shares representing a 30% stake. Reuters reported. The individual investors subscription process will begin next Sunday and end next Monday, the statement said, with 10% of total shares available to individual investors. ....
Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on Sunday. The company aims to raise as much as 900 million riyals in. -May 19, 2024 at 09:36 am EDT - MarketScreener ....
RIYADH: Knowledge Tower Trading Co. will conduct an initial public offering of its 350,000 ordinary shares on the Nomu-Parallel Market according to the company’s plans, revealed by its financial advisor Watheeq Capital. This represents around 20 percent of Knowledge Tower’s SR18 million ($5 million) share capital, which is divided into 1.75 million shares, as it was stated in ....
RIYADH: Fast-food chain operator Alamar Foods Co. saw its shares surge 2.4 percent as it started trading on the Saudi Exchange on Tuesday, following a SR1.2 billion ($326 million) initial public offering. Its share price rose to SR117.6 from the IPO price of SR115 by 10:47 a.m. Saudi time, amid trading of almost 1.9 million shares. The company raised 42 percent of its capital, ....