Al-Dakhil Financial Group, in its capacity as the financial advisor to the Arab International Medical Holding Company, completed the initial public offering of a medical company in the parallel market, a growth and the process of building a book of orders was successfully completed for 5 million ordinary shares, representing 25% of the medical shares.
According to Arabiya Net, the company said, in a statement, that the offering was covered 48.8 times of the total offered shares, and the final offering price was set at 82 riyals per share.
The company added that the offering period for qualified investors (individuals) will start on Tuesday, February 15 and end on Thursday, February 17, when a maximum of one million ordinary shares will be allocated to qualified investors (individuals), representing 20% of the total shares offered for public subscription.
