Saudi’s Arabian Centres reveals $9.79mln proceeds from Amlak International IPO – ZAWYA

Saudi’s Arabian Centres reveals $9.79mln proceeds from Amlak International IPO – ZAWYA

Saudi's Arabian Centres reveals $9.79mln proceeds from Amlak International IPO | ZAWYA MENA Edition HomeMarketsEquitiesArticleSaudi's Arabian Centres reveals $9.79mln proceeds from Amlak International IPO ACC's proceeds represent 30% of its indirect ownership in Amlak International    A Saudi trader monitors stocks at the Saudi stock market in Riyadh, Saudi Arabia, January 8, 2020. Arabian Centres Company (ACC) announced 36.72 million Saudi riyals ($9.79 million) in proceeds from the IPO of Amlak International.Amlak International, the Saudi Arabian real estate financing firm, offered 30 percent of its shares on the Saudi Stock Exchange (Tadawul) at a price of 16 Saudi riyals per share. The IPO started on July 2, 2020 and was competed on July 5, 2020. (Read more here)The Saudi shopping mall operator ACC's proceeds represent 30 percent of its indirect ownership in Amlak International, ACC said in a statement on Tadawul.Amlak International, the Saudi Arabian real estate financing firm, offered 30 percent of its shares on the Saudi Stock Exchange (Tadawul) at a price of 16 Saudi riyals per share. The IPO started on July 2, 2020 and was competed on July 5, 2020. (Read more here)Arabian Centres Company (ACC) announced 36.72 million Saudi riyals ($9.79 million) in proceeds from