Maharah Human Resources Company will start trading on the Saudi Stock Exchange (Tadawul) as of Tuesday, June 18, 2019, with the symbol 1831, Tadawul said in a statement.

 

Maharah’s stock fluctuation limit will stand at 10 percent.

 

Maharah Human Resource Co.’s initial public offering (IPO) was 230 percent oversubscribed for retail investors, according to Samba Capital, the financial advisor, bookrunner, lead manager and sole underwriter of the IPO.

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