news
MBC GROUP Announcement of Listing and Commencement of Trading on Saudi Exchange
MBC GROUP (“MBC” or the “Company” or the “Group), one of the leading media and entertainment companies in the Middle East and North Africa (“MENA”) region, today listed its shares on the Main Market of the Saudi Exchange following the successful completion of its Initial Public Offering of shares (“IPO or “the Off...
news
MBC GROUP Announces the Completion of Offering Period for Individual Investors and Final Allotment of Shares
Following the successful completion of the institutional book-building period which set the Final Offer Price at SAR 25 per share and resulted in subscription coverage of approximately 66x the total offered shares, the retail investor offering took place from 14 December to 18 December ...
news
MBC GROUP Announces Final Offer Price of Its Initial Public Offering
Final Offer Price Set at Upper Range: The Final Offer Price has been set at SAR 25 per share, at the top of the previously announced price range of the IPO.
Strong Investor Interest Drives Oversubscription: The institutional book-building process generated an order book of SAR 54.5 billion and resulted in a subscription cove...