Arabian Centres Co. will start trading tomorrow, Wednesday, May 22, 2019 on the Saudi stock exchange, according to a statement on the bourse.
The company's stock fluctuation limit will stand at 10 percent.
A total of 26,480 retail investors subscribed to 5.7 million shares at SAR 26 each, or 6 percent of offered shares.
Arabian Centres was established in 2002 as a closed joint stock company. It is a subsidiary of Fawaz Alhokair Group and specializes in mall management, tenant relations and leasing.
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