List of receiving banks for SMASCO IPO

26/05/2024 Argaam
Logo ofSaudi Manpower Solutions Co. (SMASCO)

Logo of Saudi Manpower Solutions Co. (SMASCO)


Retail investors will start today, May 26, subscription to 12 million shares of Saudi Manpower Solutions Co. (SMASCO) at SAR 7.50 per share, as set in the book-building process.
The company decided to float 120 million shares in an initial public offering (IPO), representing 30% of its post-IPO capital of SAR 400 million, according to data available with Argaam.
 
The par value of the share is SAR 1.

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