Derayah

Saudi Arabia’s Derayah plans IPO on Tadawul, offering 20% of share capital

Saudi Arabia’s Derayah plans IPO on Tadawul, offering 20% of share capital

  • Proceeds from the offering will be distributed to current shareholders in proportion to their existing holdings
  • IPO will initially target institutional investors, with up to 10% of the offered shares potentially being reallocated to individual investors
By NADIN HASSAN   ·