Beginning of the individual subscription to “Alkhorayef Water Technology” on the Saudi market



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Today, Tuesday, individual subscriptions begin offering 30% of the shares of Alkhorayef Water and Power Technology Company, and will continue for two days, ending February 17, 2021.

The company has allocated 750,000 ordinary shares, representing 10% of the total shares offered for public subscription, to individual subscribers.

The final offering price for the shares of Alkhorayef Water and Energy Technology Company was 72 riyals per share.

The minimum individual subscription is 10 shares or fractions of shares, while the maximum limit is 250,000 shares.

Saudi Fransi Capital, Financial Advisor, Lead Manager, Principal Institutional Subscription Register Manager, Principal Underwriter, Arabia EFG Hermes, Institutional Subscription Register Director and Underwriter of Al’s public offering -Khorayef Water and Power Technology Company, announced the details of the completion of the order building process for the subscribed institutions segment in The shares of the company have been completed and the final offer price has been set at 72 riyals per share, with a coverage rate of 6320% of the total shares offered.

The AlKhorayef company for water and energy technology was established in 1957 and its operating activities are carried out in more than 40 countries on 6 continents.

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