Saudi’s Tadawul IPO 442.53% Oversubscribed

Saudi’s Tadawul IPO 442.53% Oversubscribed

inve, tadawul, hare, individual,
Saudi Arabia

Saudi’s Tadawul IPO 442.53% Oversubscribed

Saudi Tadawul is preparing to list on Wednesday (Asharq Al-Awsat)

Shares of Tadawul group will begin trading on the main market on Wednesday, Dec. 8.

The individual subscribers’ tranche of Tadawul’s initial public offering was 442.53% oversubscribed with a total demand of SR5.02 billion ($1.3 billion).

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