KDL Logistics’ Nomu IPO priced at SAR 23/share

Khaled Dhafer & Brother’s Logistics Services Co.’s (KDL Logistics) book-building period for qualified investors will run from Nov. 30 to Dec. 3

Khaled Dhafer & Brother’s Logistics Services Co. (KDL Logistics) set the price range for its potential initial public offering (IPO) on the Nomu-Parallel Market at SAR 23 per share, Arbah Capital, the financial advisor and lead manager on the offering, said in a statement to Tadawul.

 

According to Argaam’s data, the company plans to float 700,000 shares on Nomu, representing 20% of its 35 million capital.

 

The book-building period for qualified investors will run from Nov. 30 to Dec. 3, 2025.

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