International Human Resources starts book-building for IPO, sets price range at SAR 31-34

31/07/2022 Argaam

Logo of International Human Resources Co.

International Human Resources Co. (IHR) announced the price range and the start of the qualified investors’ book-building process for its initial public offering (IPO), financial advisor and lead manager Yaqeen Capital Co. said in a statement to Tadawul today, July 31.

 

The price range for the offering was set between SAR 31 and SAR 34 per share, the statement said. The book-building period for qualified investors will run from July 31 to Aug. 2.

 

A total of 500,000 ordinary shares, representing 100% of the offer shares, will be allocated for qualified investors. 

 

The minimum number of shares to which each qualified investor can subscribe is 10, while the maximum number is 124,990.

 

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