Riyadh – Mubasher: Gas Arabian Services Company has set the price range for the potential offering on the Saudi Exchange’s (Tadawul) Parallel Market (Nomu) at SAR 75 – 90 per share.
The company will offer 790,000 existing shares, representing 5% of the total issued share capital, according to a bourse filing on Sunday.
The book-building period for qualified investors starts on 23 January 2022 and ends on 27 January 2022.
Falcom Financial Services Company is the financial advisor and lead manager on the potential offering.
