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Saudi Arabian Cargo Firm SAL Rises 30% After $678 Million IPO
01 Nov 2023 12:23 GMT
… the kingdom’s second-largest initial public offering of the year.
Shares … listings in the kingdom. Saudi Arabian Airlines and Tarabot Air Cargo Services … could disrupt a booming IPO market. SAL’s listing … s Saudi unit managed the IPO.
--With assistance from …
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Saudi Arabian cargo firm SAL up after $678m IPO
01 Nov 2023 09:35 GMT
… listings in the kingdom. Saudi Arabian Airlines and Tarabot Air Cargo Services … cent stake — in the IPO.
Diversification of economy
The listing … tensions could disrupt a booming IPO market. SAL’s listing … brings Saudi Arabia’s total IPO proceeds for the year …
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Saudi Arabia’s SAL Logistics gets $49bn in orders for IPO
06 Oct 2023 13:54 GMT
… orders for its $678m initial public offering (IPO) on the Saudi Exchange ( … after the $1.2bn IPO of oil driller ADES … logistics firm’s shareholders – Saudi Arabian Airlines (Saudia) and Tarabot Air … and underwriter for the IPO.
Meanwhile, a resurgence …
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Saudi cargo firm SAL draws $49b of orders for IPO
06 Oct 2023 06:02 GMT
… the offering as the Saudi IPO market springs back to life … company at SR8.48 billion. Saudi Arabian Airlines and Tarabot Air Cargo Services … stake - in the IPO.
SAL’s IPO is set to be … than doubled the country’s IPO haul for the year, which …
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Saudi Arabia's SAL Saudi Logistics sets final IPO price
06 Oct 2023 05:34 GMT
… the final price for its IPO at 106 riyals ($28.26 … Exchange.
The selling shareholders include Saudi Arabian Airlines Corporation with a shareholding of … . Following the completion of the IPO, they shall collectively own 70% …
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Saudi Cargo Firm SAL Draws $49 Billion of Orders for IPO
05 Oct 2023 21:59 GMT
… billion for its $678 million initial public offering, which is set to be … the offering as the Saudi IPO market springs back to life … at 8.48 billion riyals. Saudi Arabian Airlines Corp. and Tarabot Air Cargo … 30% stake — in the IPO.
SAL’s IPO is set to be …
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Saudi Arabia's SAL Cargo Firm targets $678 million in landmark IPO with Saudia Airlines
26 Sep 2023 08:28 GMT
… nation's largest airline, Saudi Arabian Airlines Corp., commonly known as Saudia … riyals ($678 million) through the initial public offering (IPO) of SAL Saudi Logistics Services … manager, and underwriter for the IPO, underscoring the significance of this …
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Saudi cargo firm SAL’s $678 million IPO sells out in hours
25 Sep 2023 17:44 GMT
… all shares in its Riyadh initial public offering hours after books opened on … riyals ($678 million) from the IPO. Order books were covered across … 2 billion IPO — the country’s largest this year.
Saudi Arabian Airlines Corp., also … and underwriter for the IPO.
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Saudi Arabia’s SAL Logistics seeks to raise $678m from IPO
25 Sep 2023 10:23 GMT
… orders for its planned initial public offering (IPO), which is aimed at … logistics firm’s shareholders – Saudi Arabian Airlines (Saudia) and Tarabot Air … IPO.
Meanwhile, Saudi Arabia is seeing a surge in IPOs … new shares in the IPO while its shareholders, which …
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SAL Saudi Logistics Services announces IPO
25 Sep 2023 13:48 GMT
… Logistics Services has announced an initial public offering (IPO).
SAL Saudi Logistics is 70% … Saudi Arabia-headquartered airline Saudia (Saudi Arabian Airlines Corporation) and 30% by Tarabot … on September 25, the IPO timeline includes the announcement of …