Riyadh – Mubasher: A number of major events will be seen by investors today on Tadawul, mainly that SACO, a Saudi hardware retailing and wholesaling business, will launch its initial public offering (IPO), through which a total of 7.2 million shares, or 30% of issued capital, will be floated at SAR 70 each.

Saudi Printing shareholders will discuss today proposed dividend freeze for the fiscal year 2014. Shareholders of Chemanol will also look into withholding dividends for FY14.

Meanwhile, giant petrochemical producer SABIC will start today the distribution of cash dividends at SAR 3 per share.