Latest news with #AlKhaldiLogistics
Argaam
27-05-2025
- Business
- Argaam
Subscription to 1.05M shares of Al-Khaldi Logistics starts on Nomu today
Qualified investors will start on Tuesday May 27th subscribing to 1.05 million shares of Al-Khaldi Logistics Company. which will list shares on the Nomu-Parallel Market. The offering will close on Sunday June 1st. For more details
Zawya
14-05-2025
- Business
- Zawya
Saudi Arabia's Al-Khaldi Logistics to raise up to $13mln from Nomu IPO
Al-Khaldi Logistics Company will raise between 46.2 million and 49.35 million Saudi riyals ($12.32-$13.16 million) from its listing on the kingdom's Nomu Parallel Market. The offer price has been set between SAR 44 and SAR 47 per share. The bidding and book-building period will run from May 27 to June 1. The company is selling 1.05 million shares on Nomu, representing 7% of its post-IPO capital, to qualified investors. The minimum subscription amount has been fixed at 10 shares and a maximum of 749,990. Yaqeen Capital has been appointed the financial advisor and lead manager on the offering. Established in 2008, Al-Khaldi Logistics deals primarily in land freight transportation.
