Follow-ups -eshrag News:
Thu, 2022-06-09 10:11
RIYADH: Alamar Foods Co. has received regulatory approval from the Capital Market Authority to proceed with an initial public offering for its 42 percent stake on Saudi Arabia’s stock exchange.
The company said it plans to offer 10.63 million ordinary shares, according to a bourse filing.
The price at which all subscribers will purchase the shares will be determined following the book-building period, it added.
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