Announcement of the postponement of the book building process for the Initial Public Offering of Abdullah Al Othaim Investment Company’s shares and listing on the Main Market of the Saudi Exchange
| Element List | Explanation |
|---|---|
| Announcement Detail | GIB Capital acting as Financial Advisor, Lead Manager, Bookrunner and Lead Underwriter on the potential Initial Public Offering ("IPO") of Abdullah Al Othaim Investment Company (the "Company") announces the Company’s decision to reschedule the roadshow and book building process for the Company's planned IPO originally planned to commence on May 26, 2022. The rescheduling is in the interest of selecting the next suitable window to offer and list the Company's shares. Further updates regarding the timeline for the listing process will be announced in due course.
For more information, please visit the company website https://othaimipo.com and the financial advisor GIB Capital website www.gibcapital.com. |
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