Abunyan confirmed in a statement to Al-Arabia that the decision to put the company for public subscription was approved by the board of directors at its previous meeting, and we are working to make the offering at the end of the current year, and we are ready To advance in the fourth quarter, you will hear details of this subject in the fourth quarter.
He pledged that the Aqua Power offering would be one of the best and most successful companies that have been proposed because the company always faces a desire from global funds to enter as investors in its capital, and this reflects confidence in the company and in the economy And the government of Saudi Arabia, that Aqua Power has become a global company and will soon be one of the most successful and largest international companies.
He revealed that the company has selected consultants and prepared itself for the offering, according to the Capital Market Authority system, which will determine the requirements and ratios of the offering, whether for individuals or institutions, and we are subject to the same system. / p>
It is reported that ACWA Power has postponed the IPO that was supposed to take place last year.
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