Logo ofSaleh Abdulaziz Al Rashed Sons Co. (SAR)
Retail investors began today, Feb.12, subscribing to 1.67 million shares of Saleh Abdulaziz Al Rashed Sons Co. (SAR) at SAR 45 per share, as determined through the book-building process.
The retail offering will run for four days until Feb. 17.
The retail tranche represents 30% of the total shares on offer.
SAR plans to offer 30% of its SAR 186 million share capital. The company’s capital is divided into 18.6 million shares, each with a nominal value of SAR 10, according to data compiled by Argaam.
The receiving entities are Derayah Financial, SNB Capital, Saudi Fransi Capital, EFG-Hermes, Riyad Capital, AlJazira Capital, Yaqeen Capital, Albilad Capital, ANB Capital, Al Rajhi Capital, Alistithmar Capital, Alinma Capital, SAB Invest, Alkhabeer Capital, Sahm Capital, GIB Capital, Musharaka Capital, Awaed Alosool Capital, and Dinar Investment Co.
Logo ofSaleh Abdulaziz Al Rashed Sons Co. (SAR)
Retail investors began today, Feb.12, subscribing to 1.67 million shares of Saleh Abdulaziz Al Rashed Sons Co. (SAR) at SAR 45 per share, as determined through the book-building process.
The retail offering will run for four days until Feb. 17.
The retail tranche represents 30% of the total shares on offer.
SAR plans to offer 30% of its SAR 186 million share capital. The company’s capital is divided into 18.6 million shares, each with a nominal value of SAR 10, according to data compiled by Argaam.
The receiving entities are Derayah Financial, SNB Capital, Saudi Fransi Capital, EFG-Hermes, Riyad Capital, AlJazira Capital, Yaqeen Capital, Albilad Capital, ANB Capital, Al Rajhi Capital, Alistithmar Capital, Alinma Capital, SAB Invest, Alkhabeer Capital, Sahm Capital, GIB Capital, Musharaka Capital, Awaed Alosool Capital, and Dinar Investment Co.

