‎Saleh A. Al Rashed IPO 161% covered

‎Saleh A. Al Rashed IPO 161% covered ‎Saleh A. Al Rashed IPO 161% covered

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Logo ofSaleh Abdulaziz Al Rashed Sons Co.(SAR)

Saleh Abdulaziz Al Rashed Sons Co.(SAR)has successfully completed its retail offering on the Main Market (TASI), ANB Capital, the financial advisor, bookrunner, underwriter and lead manager, said in a statement toTadawul.
A total of 38,316 retail investors placed nearly SAR 121.5 million worth of buy orders on shares priced at SAR 45 each. The retail offer was 161% oversubscribed.

 

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Logo ofSaleh Abdulaziz Al Rashed Sons Co.(SAR)

Saleh Abdulaziz Al Rashed Sons Co.(SAR)has successfully completed its retail offering on the Main Market (TASI), ANB Capital, the financial advisor, bookrunner, underwriter and lead manager, said in a statement toTadawul.
A total of 38,316 retail investors placed nearly SAR 121.5 million worth of buy orders on shares priced at SAR 45 each. The retail offer was 161% oversubscribed.
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