Saudi construction firm Ladun offers 10% stake in IPO on Nomu

  • 5/22/2022
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RIYADH: Construction services firm Ladun Investment Co. set its initial public offering price between SR15 and SR18 ($4 and $4.8) on the parallel market Nomu. Riyadh-based Ladun is set to float 5 million shares, which represents 10 percent of its capital, according to a bourse filing. Yaqeen Capita, financial advisor and lead manager, will be in charge of the book-building process from May 22 to May 26.

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