List of receiving entities for CGS IPO

09:36 AM (Mecca time) Argaam
The retail tranche of the IPO will run from Nov. 26 to 27

The retail tranche of the IPO will run from Nov. 26 to 27

Investors began today, Nov. 26, subscribing to 6 million shares of Consolidated Grünenfelder Saady Holding Co. (CGS) at SAR 10 per share, as determined through the book-building process.

 

The retail offering will last for two days, ending Nov. 27.

 

CGS decided to offer 30 million shares on TASI, representing 30% of its share capital of SAR 100 million, divided into 100 million shares, with a nominal value of SAR 1 per share.

 

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

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