Saudi’s Abdullah Al Othaim appoints financial advisor for partial IPO of Fourth Milling Company

The IPO is subject to approval of the Saudi CMA and no details of the advisor were given

Staff Writer, ZAWYA

January 4, 2024

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Saudi-listed Abdullah Al Othaim Markets Company has appointed a financial advisor for the partial offering of shares in its associated firm Fourth Milling Company.

The IPO is subject to approval of the Saudi Capital Market Authority (CMA). No details of the financial advisor were given.

(Writing by Imogen Lillywhite; editing by Brinda Darasha)

imogen.lillywhite@lseg.com

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