Jun 02 2012
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Al Tayyar Travel's Shares To List On Saudi Market Monday
Saturday, Jun 02, 2012
RIYADH (Zawya Dow Jones)--Saudi Arabia's Capital Market Authority said Saturday that shares of Al Tayyar Travel Group will start trading on the kingdom's bourse Monday.
Al Tayyar 's shares will trade within the hotel and tourism sector under the symbol 1810.SA and with an unrestricted price limit for the first day of trading only, the CMA said in statement posted on the Saudi bourse website.
In May, the firm sold 24 million shares, or 30% of the group's total outstanding shares, in an initial public offering. A portion of the offered shares was allocated to institutional investors.
(END) Dow Jones Newswires
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