National Medical Care will embark on an initial public offering in the new year, Saudi Arabia's markets regulator said on Sunday.
The company, whose services range from hospital operations to medical supplies, will sell 30 per cent of its shares to individual and institutional investors and list on the Tadawul exchange.
The offering will commence on February 4 and complete on February 10, once the book-building process is complete, the regulator said in a statement posted on the bourse website. The regulator did not provide a listing date.
"The company's prospectus will be published within sufficient time prior to the start of the subscription period," the Capital Markets Authority said in the statement.
"The prospectus includes all relevant information that the investor needs to know before making an investment decision, including the share price, Company's financial statements, activities and management."
The Tadawul All-Share Index slipped 0.1 per cent to close at 6,890.31 points in Sunday's trading session.
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The Facility’s Versatility
Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket