‎Mohammed Hadi Al-Rasheed IPO 683% oversubscribed, priced at SAR 28

Mohammed Hadi Al-Rasheed Co.successfully completed its initial public offering (IPO) on theNomu-Parallel Market.

The offering was 682.99% oversubscribed, Yaqeen Capital, the financial advisor and lead manager, said.

The necessary paperwork will be completed with Saudi Exchange Co. (Tadawul) to set the company’s listing date on Nomu…
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