Logo of Marketing Home Group for Trading Co. (MHG)
Alinma Capital, the financial advisor, bookrunner, and lead manager of Marketing Home Group for Trading Co.’s (MHG) initial public offering (IPO) on the Main Market (TASI), announced the price range for the offering and the start of the book-building process today, Aug. 3.
The IPO was priced between SAR 80 and SAR 85 per share, according to a Tadawul statement.
The book-building process for participating categories will run until Aug. 7.
MHG plans to offer 4.8 million shares in an initial public offering (IPO) on the Main Market (TASI). The shares represent 30% of the company’s issued capital.
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