Saudi Arabia's Dar Al Majed sets IPO final price at top of the range
Saudi Arabia’s Dar Al Majed Real Estate Company (AlMajdiah) has set its IPO final price at 14 riyals ($3.73) per share, at top of the indicated range, with the subscription covered 107 times
A total of 22.2723% of the total issued shares has been offloaded to Emirates Power Investment, making Dubai Holding group the largest shareholder in the company, the Burj Khalifa developer confirmed on Monday.
