Logo ofDar Al Majed Real Estate Co.(Al Majdiah)
Retail investors began today, Aug. 14, subscribing to 18 million shares of Dar Al Majed Real Estate Co. (Al Majdiah) at SAR 14 per share, as determined through the book-building process.
The company stated that the retail subscription period will be three days.
Al Majdiah plans to offer 90 million shares, representing 30% of its share capital, at nominal value of SAR 1, according to data compiled by Argaam.
The receiving entities are Derayah Financial, Alinma Capital, Al Rajhi Capital, SNB Capital, Riyad Capital, ANB Capital, Alistithmar Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, BSF Capital, Yaqeen Capital, Albilad Capital, Musharaka Capital, EFG Hermes Saudi Arabia and Awaed Alosool Capital.
Logo ofDar Al Majed Real Estate Co.(Al Majdiah)
Retail investors began today, Aug. 14, subscribing to 18 million shares of Dar Al Majed Real Estate Co. (Al Majdiah) at SAR 14 per share, as determined through the book-building process.
The company stated that the retail subscription period will be three days.
Al Majdiah plans to offer 90 million shares, representing 30% of its share capital, at nominal value of SAR 1, according to data compiled by Argaam.
The receiving entities are Derayah Financial, Alinma Capital, Al Rajhi Capital, SNB Capital, Riyad Capital, ANB Capital, Alistithmar Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, BSF Capital, Yaqeen Capital, Albilad Capital, Musharaka Capital, EFG Hermes Saudi Arabia and Awaed Alosool Capital.

