Logo of the Mineral Energy Trading Company
Standard Capital Company has been announced as the financial advisor for the potential offering of… Mineral energies for trade On behalf of the company, the offering price for the company’s shares was set at 18 riyals per share.
The company explained in a statement on Tadawul that the subscription period for qualified investors begins on Wednesday, March 6, 2024, and ends on Wednesday, March 13, 2024, at 4 p.m.
To view more IPO news and details
According to the data available on numbersLast February, Mineral Energies announced the prospectus for offering 2.44 million of its shares on the parallel market – Nomu.
The offered shares represent 20% of the company’s total capital after the offering and 25% of the company’s total capital before the increase.
Last December, the Capital Market Authority approved the registration and offering of the company’s shares in the parallel market.
ظهرت في الأصل على www.argaam.com