VOL. XXXVII
NO. 26
28-MARCH-1994
Financial and Banking News
Capital Markets
Saudi Arabia's Tabuk Cement Company Starts Share Flotation
The Tabuk Cement Company is offering 3.7mn shares worth a total of SR374mn($99.7mn) through public flotation. The offer will begin on 29 March and willclose after two weeks. Founder shareholders have already subscribed 3.3mn sharesfor SR325mn ($86.7mn). The company was established in 1993 and the original planwas for the public flotation to provide SR412mn of total...
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