List of receiving entities for Cherry Trading IPO

08:39 AM (Mecca time) Argaam
Logo ofCherry Trading Co.

Logo of Cherry Trading Co.

Retail investors began today, Nov. 12, subscribing to 1.8 million shares of Cherry Trading Co. at SAR 28 per share, as determined through the book-building process.

 

The retail offering will last for two days.

 

The company decided to float 9 million shares on TASI, representing 30% of its SAR 300 million share capital, divided into 30 million shares at a nominal value of SAR 1 each, according to data available with Argaam.

 

The receiving entities are Derayah Financial, Alinma Capital, Al Rajhi Capital, SNB Capital, Riyad Capital, ANB Capital, Alistithmar Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, BSF Capital, Yaqeen Capital, Albilad Capital, Musharaka Capital, EFG Hermes Saudi Arabia, Awaed Alosool Capital and BSF Capital.

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