The Board of the Saudi Capital Market Authority issued a decision approving the request of the Saudi Tadawul Group Holding Company to offer 36 million shares for public subscription, representing 30% of the company’s shares.
According to Arabiya Net, the authority said in a statement that the Saudi Tadawul Group will publish the prospectus well before the start of the subscription.
The prospectus contains the information and data that the investor needs to know before deciding whether to invest or not, including the company's financial statements and adequate information about its activity and management.
The Saudi Capital Market Authority announced, today, Wednesday, the issuance of the Authority's Board of Directors decision approving the request of the Saudi Tadawul Group Holding Company to offer 36 million shares for public subscription, representing 30% of the company's shares.
The authority said in a statement that the Saudi Tadawul Group will publish the prospectus well before the start of the subscription.
The prospectus contains the information and data that the investor needs to know before deciding whether to invest or not, including the company's financial statements and adequate information about its activity and management.
