Tadawul deposits ​SACO​ IPO​ shares into investors’ portfolios

07/05/2015 Argaam

The Saudi Stock Exchange (Tadawul) said on Thursday that it has deposited Saudi Company for Hardware's​ (SACO) IPO shares​ into the portfolios of relevant investors.
 

​SACO's IPO, which ended on Tuesday, was 620 percent covered raising SAR 1.25 billion.

According to data available on Argaam, 1.08 million investors subscribed to the IPO and three shares were allotted to each investor.

 

ipo

 

 

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