Albabtain Food, has set its offering price for a direct listing on Saudi Arabia’s

editor1

Editor

posted on 1 year ago — updated on 1 second ago

63
views

Abdulaziz & Mansour Ibrahim Albabtain Co., known as Albabtain Food, has set its offering price for a direct listing on Saudi Arabia’s parallel stock market Nomu at SR77 ($20.49) per share. Yaqeen Capital, the financial adviser and lead manager for the transaction, confirmed the news in a bourse filing.

Founded in 1998 by the AlBabtain family, AlBabtain Food has 11 branches spread across the Kingdom, allowing the company to provide its customers with a high level of services in the region. The company manufactures a range of products including bread, pastries, and ice cream.

Abdulaziz & Mansour Ibrahim Albabtain Co., known as Albabtain Food, has set its offering price for a direct listing on Saudi Arabia’s parallel stock market Nomu at SR77 ($20.49) per share.

Yaqeen Capital, the financial adviser and lead manager for the transaction, confirmed the news in a bourse filing.

Founded in 1998 by the AlBabtain family, AlBabtain Food has 11 branches spread across the Kingdom, allowing the company to provide its customers with a high level of services in the region.

The company manufactures a range of products including bread, pastries, and ice cream.

This article originally appeared on Arab News and Fetch With Intels News Feed Content Fetcher

Jubail Al-Ahsa Al-Kharj Taif Qatif oil Dammam Abha Asir Yanbu islam jobs sports Khalij times gulf news saudi gazette Riyadh Tabuk Mecca Medina AlMadinah Jeddah Makkah Hail Eastern King Abdullah jobs in Saudi work in saudi arabia umrah Hajj،عرب نيوز

editor1

Intels News is known for its in-depth, investigative reporting and provocative analysis. Our world-class journalists bring objective reporting and accountability to stories that have broad impact on people's lives. Intels News is a nonprofit organization delivering independent news across multiple platforms and by partnering with the public media community.