Here’s a list of receiving banks for Modern Mills’ IPO

05/03/2024 Argaam
Logo ofModern Mills Co.

Logo of Modern Mills Co.

Modern Mills Co. (MMC) offered today, March 5, as many as 2.45 million shares for retail subscription at SAR 48 a share, as per the book-building process.

 

For more IPOs

 

The company planned to offer 24.55 million shares, or 30% of its capital of SAR 81.8 million.

 

The receiving banks are Al Rajhi Bank and Saudi National Bank (SNB).

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