Al Mawarid Manpower prices IPO at SAR 58-64/share

09/05/2023 Argaam
Logo ofAl Mawarid ManpowerCo.

Logo of Al Mawarid Manpower Co.

Al Mawarid Manpower Co. set the initial public offering (IPO) price range at SAR 58-64 per share, according to AlJazira Capital, the financial advisor, bookrunner, lead manager and underwriter on the potential offering.

 

The book-building process for institutional investors starts from May 9-15, according to AlJazira Capital.

 

The final offer price will be announced after the completion of the book-building process, which will be followed by the retail offering.

 

Al Mawarid Manpower plans to offer 4.5 million shares, or 30% of its SAR 150 million capital, divided into SAR 15 million shares, on the Saudi Exchange (Tadawul), Argaam earlier reported.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.