Logo of Alamar Foods Co.
The Securities Depository Center Co. (Edaa) deposited today, Aug. 7, Alamar Foods Co.’s subscribed securities into the accounts of eligible shareholders, according to a bourse filing.
The Capital Market Authority (CMA) approved, on June 7, the application filed by Alamar to float 10.63 million shares, representing 41.7% of its capital, in an initial public offering (IPO), Argaam reported.
Retail investors started, on July 20, subscription to 1.06 million shares, or 10% of total shares offered at SAR 115 each, set through the book-building process.
The subscription was 6.9% covered and six shares minimum were allotted to each retail subscriber.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}