06-29-2024, 12:45 AM
Egjw Weinstein lawyers seek shorter sentence citing charitable work
air force 1 nike air j white dunks Udkr Govt vows to take care of homeless people
RIYADH:The retail portion of Saudi Aramco's initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2 billion), lead manager Samba Capital said on Thur jordan nere sday.The state oil giant plans to sell a 1.5% stake, or about 3 billion shares, and has said at least one-third of the sale is expected to be covered by retail inve jordans stors, who have until Thursday to sign up.With an indicative price of 30-32 riyals, the IPO is valued at as much as 96 billion riyals ( air max tn $25.6 billion) and gives the firm a market value of $1.6-$1.7 trillion.It will be the world's biggest IPO if it tops the $25 billion set by China's Alibaba in 2014.Around 4.17 million retail investors had subscribed to 1.19 billion shares by 12 pm on Thursday, injecting 6.13 billion riyals above the amount needed for full coverage, Samba said.Subscription will continue until midnight on Thursday and final results will be announced on Friday, it said in a statement.The IPO is the centerpiece of
air force 1 nike air j white dunks Udkr Govt vows to take care of homeless people
RIYADH:The retail portion of Saudi Aramco's initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2 billion), lead manager Samba Capital said on Thur jordan nere sday.The state oil giant plans to sell a 1.5% stake, or about 3 billion shares, and has said at least one-third of the sale is expected to be covered by retail inve jordans stors, who have until Thursday to sign up.With an indicative price of 30-32 riyals, the IPO is valued at as much as 96 billion riyals ( air max tn $25.6 billion) and gives the firm a market value of $1.6-$1.7 trillion.It will be the world's biggest IPO if it tops the $25 billion set by China's Alibaba in 2014.Around 4.17 million retail investors had subscribed to 1.19 billion shares by 12 pm on Thursday, injecting 6.13 billion riyals above the amount needed for full coverage, Samba said.Subscription will continue until midnight on Thursday and final results will be announced on Friday, it said in a statement.The IPO is the centerpiece of