Riyal Motors IPO subscription period ends today

05/10/2023 Argaam

Riyal Investment & Development Co.’s (Riyal Motors) IPO subscription period ends today, Oct. 5, Aldukheil Financial Group the financial advisor on the offering said in a statement on Tadawul.

 

The subscription period started on Oct. 1, to float to 720,000 shares, or 9% of the company’s 80 million share capital (SAR 8 million) on Nomu-Parallel Market.

 

Interested qualified investors can submit a subscription application through the following link: (http://bit.ly/3RM9rED)

 

For more information and details related to the offering, refer to the red herring prospectus published on the websites of Capital Market Authority, financial advisor, and Riyal Motors.

 

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