Riyal Motors sets IPO price at SAR 42/share on Nomu

25/09/2023 Argaam
Logo ofRiyal Investment and Development Co. (Riyal Motors)

Logo of Riyal Investment and Development Co. (Riyal Motors)

Aldukheil Financial Group (AFG), the financial advisor for the initial public offering (IPO) of Riyal Investment and Development Co. (Riyal Motors) on the Nomu-Parallel Market, announced that the offering price is SAR 42 per share.

 

The subscription period will begin on Oct. 1 and end on Oct. 5, 2023, the company said in a statement to Tadawul.

 

Riyal Motors recently announced the release of a prospectus for the offering of 720,000 shares, representing 9% of its share capital, on Nomu, according to data available on Argaam. 

 

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.