{"id":3791,"date":"2022-09-18T14:20:37","date_gmt":"2022-09-18T14:20:37","guid":{"rendered":"https:\/\/gulftimes.ae\/arabian-plastic-industrial-co-announces-ipo-offer-price-of-7-19\/"},"modified":"2022-09-18T14:20:37","modified_gmt":"2022-09-18T14:20:37","slug":"arabian-plastic-industrial-co-announces-ipo-offer-price-of-7-19","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=3791","title":{"rendered":"Arabian Plastic Industrial Co. announces IPO offer price of $7.19"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"field field-name-field-publication-date field-type-datestamp field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">Sun, 2022-09-18 17:19<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>\n\tRIYADH: Riyadh-based Arabian Plastic industrial Co. will offer 1 million shares, or 20 percent of its valuation, via an initial public offering at SR27 ($7.19) per share.\u00a0<\/p>\n<p>\n\tThe offering coverage was 15.43x of the total shares offered during the subscription period, according to a bourse filing.\u00a0<\/p>\n<p>\n\tYaqeen Capital, the financial adviser and lead manager, will finalize the required procedures with the Saudi Stock Exchange and will determine the date for listing of the shares of APICO on the parallel market, Nomu.\u00a0<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-binary field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above\">\n<div class=\"field-label\">Main category:&nbsp;<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">Business &amp; Economy<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2164836\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sun, 2022-09-18 17:19 RIYADH: Riyadh-based Arabian Plastic industrial Co. will offer 1 million shares, or 20&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-3791","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v28.5) - 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