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Saudi Steel Pipe IPO oversubscribedThe retail tranche of the initial public offering (IPO) of Saudi Steel Pipe Company (SSP) has been oversubscribed by 150 per cent. The retail portion, which constitutes 7.65 million shares representing a maximum of 50 per cent of the offer More… |
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SSP reviews IPO proceeds use planSaudi Steel Pipes Co said it has halved its stake in a planned plant, few days before it launches an initial public offering to raise 400 million riyals ($106.7 million). New shareholders have joined the 485 million riyals plant project, w More… |
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Saudi Steel Pipes plans $106m IPOSaudi Steel Pipes Co will seek to raise 400 million riyals ($106.7 million) in an initial public offering of a 31.4 percent stake this week to help finance expansion plans, the company said. The firm will offer 16 million new shares to loc More… |
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Saudi Steel Pipes plans $106m IPOSaudi Steel Pipes Co will seek to raise 400 million riyals ($106.7 million) in an initial public offering of a 31.4 percent stake this week to help finance expansion plans, the company said. The firm will offer 16 million new shares to loc More… |
