Jahez sets final offer price for IPO at $226 per share
- Date: 19-Dec-2021
- Source: Wamda
- Sector:Financial Markets
- Country:Saudi Arabia
Jahez sets final offer price for IPO at $226 per share
Source: Arab News
Saudi online food delivery platform Jahez International Co., announced its initial public offering price on parallel market Nomu at SR850 ($226) per share – the highest end of its indicative range, according to a bourse filing.
This followed the completion of the book-building process by HSBC Saudi Arabia, which included 38.8 times oversubscription of shares.
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