Here’s a list of receiving banks for Almajed Oud’s IPO

15/09/2024 Argaam
Logo ofAlmajed Oud Co.

Logo of Almajed Oud Co.

Almajed Oud Co. offered today, Sept.15, as many as 1.5 million shares for retail subscription at SAR 94 a share, as per the book-building process. 

  

  

The company planned to offer 7.5 million shares, or 30% of its capital, with a nominal value of SAR 10 apiece.

 

The receiving banks are Al Rajhi Bank and Banque Saudi Fransi (BSF).  

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