SAMBA Capital arranges for Electrical Industries IPO

29/09/2014 Argaam

SAMBA Capital is appointed as the lead manager, financial advisor and arranger for offering 30% of Electrical Industries Company for IPO in November.

13.5m shares or 30% of the company will be sold in an IPO from November 11 to 17 and the price will be determined after book building process; SAMBA Capital said in a press release.

According to Argaam; The Saudi Capital Market Authority approved a request by Electrical Industries Co. to sell 30% of the company in an initial public offering. Part of the shares will be allocated to investment funds and authorized persons. 

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.