Here’s a list of receiving banks for Almajed Oud’s IPO

15/09/2024 Argaam
Logo ofAlmajedfor Oud Co.

Logo of Almajed for Oud Co.

Almajed for Oud Co. offered today, Sept.15, as many as 1.5 million shares for retail subscription at SAR 94 a share, as per the book-building process. 

  

  

The company planned to offer 7.5 million shares, or 30% of its capital, with a nominal value of SAR 10 apiece.

 

The receiving banks are Al Rajhi Bank and Banque Saudi Fransi (BSF).  

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