Yaqeen Capital sets price range for Pan Gulf IPO on Nomu at SAR 51-59/share

10/01/2024 Argaam

Yaqeen Capital sets price range for Pan Gulf IPO on Nomu at SAR 51-59/share

Logo of Pan Gulf Marketing Co.

Yaqeen Capital Co. set today, Jan. 10, the price range for Pan Gulf Marketing Co.’s initial public offering (IPO) on the Nomu-Parallel Market between SAR 51 and 59 per share.

 

Yaqeen Capital is the financial advisor and lead manager on the company’s potential IPO on Nomu.

 

The book-building period for qualified investors will run from Jan. 10-18.

 

The company plans to offer 600,000 shares, or 12% of the company’s SAR 50 million capital, divided into five million shares, Argaam reported.

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