Group Five completes offering with a covering ratio of 1,208% 

  • 11/22/2021
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RIYADH: Group Five Pipes Saudi Company has announced the completion of an offering of 2.8 million shares, with a coverage ratio of 1,208 percent. This represented 10 percent of the company, which will be listed on the parallel market, Nomu, according to its filing today Nov 22. Its advisors AFG will determine the date for listing once the procedure is finalized with the Saudi Exchange Market (Tadawul).

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