Perfect Presentation announces plans to proceed with IPO

  • 2P(0.43%)
09/10/2022 Argaam

Perfect Presentation for Commercial Services announced plans to proceed with the initial public offering (IPO) to list 4.5 million ordinary shares, or 30% of its share capital, on the Saudi Exchange (Tadawul), Saudi Fransi Capital in its capacity as financial advisor, bookrunner, lead manager, and underwriter on the potential IPO said in a bourse filing.

 

Tadawul approved on Aug. 9 the company’s request to list shares. Meanwhile, the Capital Market Authority (CMA) approved the company’s request to go public on Sept. 12.

 

The offering price will be determined after the book-building period.

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