Al Rajhi Takaful says IPO refunds amount to SAR 14.45 mln

12/04/2015 Argaam

Al Rajhi Takaful said in a ​statement to Tadawul that shareholders who did not subscribe to new shares during its initial public offering will be receiving refunds as of April 14-16.

 

The refunds, which amounted to SAR 14.45 million, will be deposited in shareholders’ bank accounts associated with investment portfolios​ by Saudi Hollandi Bank (SHB).

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