Qualified Individual Investors' subscription phase for the offering of Jahez International Company for Information Systems Technology began today, Thursday, December 23, 2021, and will continue until Sunday, December 26.
According to Arabiya Net, according to a previous statement, 272.786 thousand ordinary shares, representing 14.4% of the total shares offered for public subscription, were allocated to individual subscribers as a maximum.
The final offer price is set at 850 Saudi riyals per share
The process of building a book of orders was covered for the segment of qualified investors (non-individuals) in the shares of Jahez International Company for Information Systems Technology, at a rate of 38.8 times of the total offered shares.
The number of offering shares that will be initially allocated to qualified non-individual investors has reached 1.888 million shares, representing 100% of the total offering shares, provided that the final allocation is after the end of the subscription period for qualified individual investors.
