‎Al Razi’s IPO on Nomu 2,320% covered at SAR 28/shr

‎Al Razi’s IPO on Nomu 2,320% covered at SAR 28/shr

Logo of Al Razi Medical Co.

Al Razi Medical Co. completed offering 304,000 shares, or 20% of its capital, on Nomu-Parallel Market, where qualified investors fully subscribed to the shares on offer, TeamOne Co., the financial advisor on the initial public offering (IPO), said in a statement to Tadawul.