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Yaqeen Capital Company announces the offering price for the shares of ASG for Plastic Factory Company (ASG)
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| Announcement Detail | Yaqeen Capital, as Financial Advisor and Lead Manager for the Offering of ASG for Plastic Factory Company (ASG) (the “Company”) on the Parallel Market “Nomu”, announces that the Offering has been concluded, and the offering for the total of (750,000) ordinary shares representing (10.64%) of the Company’s shares after IPO. Offering price: (44) SAR per share. (“the Offering”) coverage was (321.10%) of the total shares offered during the subscription period from Sunday 28 July 2024G and ends on 05 August 2024G. Yaqeen Capital, as Financial Advisor and Lead Manager will finalize the required procedures with the Saudi Stock Exchange and then determine the date for listing of the shares of ASG on the Parallel Market “Nomu”. Information and details regarding the Offering are available in the prospectus of the Company, please visit the Capital Market Authority website: https://cma.org.sa/Market/Prospectuses/Documents/asg_plastic_factory_ar.pdf |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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