Logo of Pan Gulf Marketing Co.
Pan Gulf Marketing Co. extended the subscription period for its initial public offering on Nomu-Parallel Market to Jan. 29.
The company previously set the subscription period from Jan. 10 to Jan. 18.
Today, Jan. 18, it issued a complementary prospectus for amending the subscription date.
Pan Gulf Marketing, which operates in purchasing, importing and exporting stationery and office supplies stationery products, floated 600,000 shares, or 12% of its SAR 50 million capital divided into five million shares.
The offering price range was set between SAR 51-59 per share.
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