Subscription for the individual segment will be for one day only, which is Tuesday, September 12, 2023
Dubai – Al Arabiya.net
Posted on: August 27, 2023: 09:56 AM GST Last updated: August 27, 2023: 12:20 PM GST
The Saudi Seera Holding Group, “Sera”, announced the intention of its subsidiary, Lumi Leasing, to offer 30% of its shares for an initial public offering and to list its shares on the main market on Tadawul.
The offering is expected to include the sale of 16.5 million ordinary shares.
The period for registering the requests of the participating entities and the process of building the order book will start on August 30 and end on September 5.
Subscription for the individual segment will be for one day only, Tuesday, September 12, 2023.
It is noteworthy that Tadawul approved the listing of Lumi shares in the main market, which was conditional on obtaining the approval of the Capital Market Authority, and the issuance of the decision of the Board of the Capital Market Authority on 07/09/1444H (corresponding to 03/29/2023G), which includes the approval of a request Lumi to register and offer its shares for public subscription, which represents 30% of the total shares of Lumi.
2023-08-27 05:56:00
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