Saudi perfumer Al Majed for Oud Co. plans to float 30% in IPO
Saudi Arabian perfumer Al Majed for Oud Company announced its intention to proceed with an IPO of 30% of its issued share capital, and list on the Tadawul main market
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.
