“Rasan” subscription price range set at (SR 35-37) per share

Saudi Rasan Information Technology Company set the price range for offering its shares between 35 riyals and 37 riyals per share.

The company explained through its account on the “X” platform that the order book building period began today, Sunday, May 12, and will continue until Thursday of this week.

The Saudi Capital Market Authority had previously approved the company’s request to register its capital and offer 22.7 million ordinary shares with a nominal value of one riyal per share.