News tagged "Initial public offering (ipo)"

Class action lawsuit against members of Mohammad Al-Mojil Group (MMG)

Class action lawsuit against members of Mohammad Al-Mojil Group (MMG)

9th April 2019

According to *Constructionweekonline news report, Saudi Arabia’s financial regulator has accepted a request to register a class action lawsuit against members of Saudi Arabia's Dammam-based contractor Mohammad Al-Mojil Group (MMG), in relation to the group's 2008 initial public offering (IPO) on the kingdom's bourse, Tadawul.[..]

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Al Rajhi Capita closes IPO of its REIT fund raising US$ 197.2 mn

Al Rajhi Capita closes IPO of its REIT fund raising US$ 197.2 mn

18th January 2018

According to *Tradearabia news report, Al Rajhi Capital, one of the leading providers of financial services in Saudi Arabia, said it had successfully closed the initial public offering of its REIT (real estate investment trust) fund raising SR740 million ($197.2 million).[..]

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