HSBC Saudi Arabia likely ‘Stabilize Jahez Offering Shares’

HSBC Saudi Arabia as the Stabilizing Manager on the initial public offering (“IPO” or the “Offering”) of Jahez International Company for Information Systems Technology (“Jahez” or the “Group”), announced on Tuesday that it may stabilize the offering shares in accordance with the Instructions on the Price Stabilization Mechanism in Initial Public Offerings (the Stabilization Instructions)

For more information and for the prospectus and the supplementary prospectus, please visit the Capital Market Authority website (www.cma.org.sa) or Jahez website (www.jahezgroup.com).