14 June 2013
Saudi Fransi Capital (SFC) has been winning awards due to its intense efforts to provide the best services it can.
This year, SFC wins the "Deal of the Year 2013" award bestowed by the Banker Magazine, a subsidiary of the Financial Times, in recognition of rights issue offering for Mobile Telecommunications Company Saudi Arabia (Zain KSA), wherein it acted as the lead manager, financial adviser, and co-underwriter for the offering.
This award is an evident that SFC's rights issue offering for Zain KSA was recognized as the second largest IPO for the years 2011 and 2012, it said in a statement.
Commenting of SFC's continued ascend and harvesting of international awards, Yasir Bin Othman AIRumayyan, Chief Executive Officer of SFC, said: "SFC takes pride in the many awards we have achieved, indicating our excellence in delivering investment banking products and solutions to our clients.
"We have become the leaders in the investment banking industry, thanks to the skilled and experienced work force in the international and regional financial markets that possess full knowledge and awareness of the rules and regulations issued by the Capital Market Authority.
"Hence, we were able to attain 41 percent market share of the IPO market over the past two years, thus reinforcing SFC status and enriching its progress. The company will continue its outstanding performance while providing the best services to clients."
Saudi Fransi Capital (SFC) has been winning awards due to its intense efforts to provide the best services it can.
This year, SFC wins the "Deal of the Year 2013" award bestowed by the Banker Magazine, a subsidiary of the Financial Times, in recognition of rights issue offering for Mobile Telecommunications Company Saudi Arabia (Zain KSA), wherein it acted as the lead manager, financial adviser, and co-underwriter for the offering.
This award is an evident that SFC's rights issue offering for Zain KSA was recognized as the second largest IPO for the years 2011 and 2012, it said in a statement.
Commenting of SFC's continued ascend and harvesting of international awards, Yasir Bin Othman AIRumayyan, Chief Executive Officer of SFC, said: "SFC takes pride in the many awards we have achieved, indicating our excellence in delivering investment banking products and solutions to our clients.
"We have become the leaders in the investment banking industry, thanks to the skilled and experienced work force in the international and regional financial markets that possess full knowledge and awareness of the rules and regulations issued by the Capital Market Authority.
"Hence, we were able to attain 41 percent market share of the IPO market over the past two years, thus reinforcing SFC status and enriching its progress. The company will continue its outstanding performance while providing the best services to clients."
© The Saudi Gazette 2013
