VOL. XXXVI
NO. 41
12-JULY-1993
Financial and Banking News
CAPITAL MARKETS
Share Offer For Saudi Arabia's Al-Ahsa Three Times Oversubscribed
The share offer for Saudi Arabia's Al-Ahsa Development Company was morethan three times oversubscribed when it closed at the end of June. A total of1.1mn new shares were offered at SR100 per share, but bids were received for3.58mn riyals. This rate of oversubscription is impressive, although not as highas some recent issues. The share offer was open to citizens...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!