ASG Plastic Factory IPO price range on Nomu set at SAR 40-44/share

23/07/2024 Argaam
Logo ofASG Plastic Factory Co.

Logo of ASG Plastic Factory Co.

Yaqeen Capital Co., the financial advisor and lead manager for the potential initial public offering (IPO) of ASG Plastic Factory Co., set the offering price range on the Nomu-Parallel Market at SAR 40-44 per share.

 

The book-building period for qualified investors will run between July 28 and Aug. 5, according to a filing to Tadawul.

 

For More IPOs

 

The company earlier announced that it plans to float 750,000 shares, representing 10.64% of its post-IPO capital of SAR 70.5 million and 11.90% of its pre-IPO capital, according to data available with Argaam.

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