Logo ofShalfa Facilities Management Co.
Shalfa Facilities Management Co. set the price of its initial public offering (IPO) on the Nomu-Parallel Marketat SAR 61 per share, Value Capital, the financial advisor and lead manager, said in a statement to Tadawul today, Oct. 17. 
Qualified investors will start subscription to the shares on offer from Oct. 20-28.
Shalfa offered 630,000 shares, or 15% of its share capital, which stands at SAR 42 million, divided into 4.2 million shares at a nominal value of SAR 10 each, Argaam reported.
The Riyadh-based company was founded in September 2008. It operates in providing facility management solutions, environmental services, project management, and related commercial activities.
Logo ofShalfa Facilities Management Co.
Shalfa Facilities Management Co. set the price of its initial public offering (IPO) on the Nomu-Parallel Marketat SAR 61 per share, Value Capital, the financial advisor and lead manager, said in a statement to Tadawul today, Oct. 17.
Qualified investors will start subscription to the shares on offer from Oct. 20-28.
Shalfa offered 630,000 shares, or 15% of its share capital, which stands at SAR 42 million, divided into 4.2 million shares at a nominal value of SAR 10 each, Argaam reported.
The Riyadh-based company was founded in September 2008. It operates in providing facility management solutions, environmental services, project management, and related commercial activities.
