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Saudi jewellery maker L'azurde gets nod for IPO

DUBAI, May 9, 2016

Saudi Arabian gold and jewellery maker L'azurde will sell 30 percent of its shares in an initial public offering on the kingdom's bourse, the country's stock market regulator said on Monday.

Retail investors will be able to subscribe for shares between June 5 to 13, after a bookbuilding process for institutional investors is completed, the regulator said.  - Reuters




Tags: IPO | Saudi Arabia | Jewellery |

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