Saudi HMG launches IPO subscription for individual investors – ZAWYA
- Date: 28-Feb-2020
- Source: Zawya
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi HMG launches IPO subscription for individual investors – ZAWYA
Saudi HMG launches IPO subscription for individual investors. Saudi citizens and nationals from GCC countries are eligible for the tranche. The minimum level for subscribing to the IPO is 10 shares, while the maximum level is capped at 500,000 shares.. The company's capital amounted to SAR 3.5 billion, distributed over 350 million shares, with a par value of SAR 10 per share..