“AlAshghal AlMoysra” subscription price range set between 35 to 50 riyals a share

Yaqeen Financial Company (Yaqeen Capital), in its capacity as the financial advisor and underwriting manager for the potential offering of AlAshghal AlMoysra Company in the parallel market, announced that the price range for its potential offering was set between (35 to 50) riyals per share.

According to the company, the offering process consists of offering 480,000 ordinary shares, representing 20% ​​of the issued capital of the offering, and 480,000 ordinary shares, representing 100% of the total offering shares, will be allocated to qualified investors.

The minimum number of shares that can be subscribed by each qualified investor is (10) shares, while the maximum number is (119,990) shares, while the period for the process of building the order book for qualified investors begins on July 7, 2024 AD and ends on July 15, 2024 AD.