‎Al Wasail Industrial institutional offering 16.2x covered, final offer price set at SAR 19/share

‎Al Wasail Industrial institutional offering 16.2x covered, final offer price set at SAR 19/share

FALCOM Financial Services, as the financial advisor and lead manager of the potential initial public offering (IPO) of Al Wasail Industrial Co. on the parallel market (Nomu), announced the successful completion of offering of 2.5 million shares of Al Wasail Industrial representing 10% of total capital.