Riyadh – Mubasher: The Capital Market Authority (CMA) approved the registration and the initial public offering (IPO) of Berain Company on the Saudi Exchange (Tadawul).
The company plans to float 66 million shares that represent 30% of its share capital, according to a bourse disclosure.
Founded in 2015, Berain is a leading Saudi bottled water manufacturer that utilizes advanced German technology and AI for purification and operates three major facilities.
