‎Group Five says IPO 1208% oversubscribed

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Saudi Arabia

‎Group Five says IPO 1208% oversubscribed

Logo of Group Five Pipe Saudi Ltd.

Aldukheil Financial Group (AFG), the financial advisor for the initial public offering (IPO) of Group Five Pipe Saudi Co. Ltd. on Nomu-Parallel Market, said the company’s offering was 1207.77% oversubscribed, according to a bourse filing.

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