VOL. XXXVII
NO.6
8-NOVEMBER-1993
Financial and Banking News
Capital Markets
Saudi Cement Company To Float Shares
The Saudi North Cement Company, previously known as Tabuk Cement Company, isto offer shares worth SR412mn ($110mn) in a public flotation. Foundingshareholders have already subscribed SR288.2mn ($77mn). The company was foundedearlier this year to take advantage of buoyant conditions in the Saudi cementmarket.
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