Alinma Investment Co., the fund manager of the Alinma Hospitality REIT Fund, announced the start of subscription to the fund’s initial public offering (IPO) today Oct. 30.
The subscription period will end on Nov. 7, with the possibility of an extension after notifying the Capital Market Authority (CMA).
Retail investors will be able to subscribe to the offering through these receiving entities: Alinma Investment, Alinma Bank, Al Rajhi Bank and Riyad Bank.
For more information on the offering and its subscription, click here.
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