Logo of Abdulaziz Altwaijri Trading Co.
Yaqeen Capital, in its capacity as the financial advisor and subscription manager for Abdulaziz Altwaijri Trading Co.’s offering on the Nomu-Parallel Market, announced the incompletion the planned IPO due to undersubscription.
In a statement on Tadawul, Yaqeen Capital pointed out that the subscription to the company’s shares is void. The collected subscription amounts will be refunded to subscribers starting today, June 22.
On June 11, Abdulaziz Altwaijri had issued the prospectus to float 600,000 shares on Nomu, Argaam earlier reported.
Be the first to comment
Comments Analysis: