GIB Capital has set the final offering price of Al-Dawaa for Medical Services (Al-Dawaa) at 73 riyals per share.
According to Arabiya Net, GIB Capital, in its capacity as the financial advisor and lead manager, announced the successful completion of the order book building process for the segment of participating classes and institutions in the company's shares.< /p>
It clarified that the price of 73 riyals per share is the maximum price range, and the number of coverage times amounted to 53.8 times of the total shares offered, as the volume of requests from the participating categories reached A total of approximately 100.2 billion riyals.
With the successful completion of the order book building process, the retail subscription phase will start on Sunday, February 27, 2022, and will continue until Tuesday, March 1, 2022, when 2,550,000 have been allocated. Ordinary share representing 10% of the total shares offered for public subscription to individual subscribers as a maximum.
