Yaqeen Capital sets price range for Pan Gulf IPO on Nomu at SAR 51-59/share

10/01/2024 Argaam
Logo ofPan Gulf Marketing Co.

Logo of Pan Gulf Marketing Co.

Yaqeen Capital Co. set today, Jan. 10, the price range for Pan Gulf Marketing Co.’s initial public offering (IPO) on the Nomu-Parallel Market between SAR 51 and 59 per share.

 

Yaqeen Capital is the financial advisor and lead manager on the company’s potential IPO on Nomu.

 

The book-building period for qualified investors will run from Jan. 10-18.

 

The company plans to offer 600,000 shares, or 12% of the company’s SAR 50 million capital, divided into five million shares, Argaam reported.

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