Logo of Saudi Tadawul Group

Saudi Tadawul Group received 10 offers from local and international institutions to become financial advisor for its initial public offering (IPO), Reuters reported, citing Group CEO Khalid Al-Hussan.

 

Al-Hussan said that the financial advisor for the offering will be announced within two weeks.

 

The Saudi Stock Exchange (Tadawul) announced, on April 7, 2021, its transformation into a holding group under the name of “Saudi Tadawul Group” ahead of the planned IPO this year.

 

Tadawul was established in 2007, with a current capital of SAR 1.2 billion, divided into 120 million shares, totally owned by the Public Investment Fund (PIF).

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Tadawul transforms into holding group ahead of IPO in 2021

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request