View United IPO price on Nomu set at SAR 70/share

14/11/2023 Argaam

View United IPO price on Nomu set at SAR 70/share

Logo of View United Real Estate Development Co.

Watheeq Capital, the financial advisor overseeing the Initial Public Offering (IPO) of View United Real Estate Development Co. on the Nomu-Parallel Market, set the offering price at SAR 70 per share.

 

In a statement to Tadawul, the company said 600,000 shares will be offered, constituting 18.18% of its capital after the IPO. This percentage represents 20% of the company's capital before the IPO.

 

The offering period for qualified investors will run seven days from Nov. 19 till Nov. 27, according to data available on Argaam.

 

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