25 May 2007
Initial public offerings (IPO) of four Saudi insurers have been oversubscribed, the lead manager said. The IPOs of Saudi Arabian Cooperative Insurance, Allied Cooperative Insurance Group and Al Ahlia were 2.4, 1.4 and 1.6 times oversubscribed, said National Commercial Bank.
Initial public offerings (IPO) of four Saudi insurers have been oversubscribed, the lead manager said. The IPOs of Saudi Arabian Cooperative Insurance, Allied Cooperative Insurance Group and Al Ahlia were 2.4, 1.4 and 1.6 times oversubscribed, said National Commercial Bank.
© Emirates Today 2007
