Instinctif, Advert One complete IPO advisory role for Amlak International – ZAWYA

Instinctif, Advert One complete IPO advisory role for Amlak International – ZAWYA

instinctif, advert one complete ipo advisory role for amlak international the ipo was oversubscribed by almost 5x by institutional investors and by nearly 27x by retail participants    a saudi trader monitors stocks at the saudi stock market in riyadh, saudi arabia, january 8, 2020.riyadh “” instinctif partners and advert one have completed their role in providing strategic communications counsel and public relations to saudi arabia's leading non-bank real estate lender, amlak international, for its ipo on the saudi stock exchange.established in 2007 and headquartered in riyadh, amlak offered 30% of its equity at a price of sr16, raising approximately sr435 million. the ipo was oversubscribed by almost 5x by institutional investors and by nearly 27x by retail participants.on their first day of trading, amlak's shares were well-received by investors and rose in price by their regulatory 10% limit.riyadh “” instinctif partners and advert one have completed their role in providing strategic communications counsel and public relations to saudi arabia's leading non-bank real estate lender, amlak international, for its ipo on the saudi stock exchange.established in 2007 and headquartered in riyadh, amlak offered 30% of its equity at a price of sr16, raising approximately sr435 million. the ipo was oversubscribed