Riyadh - Mubasher: The Saudi Arabian Amiantit Company on Sunday announced the results of the rump offering and the final allocation of the company’s rights issue shares, with a 602.8% coverage ratio.
A total of 1.376 million shares have been sold at SAR 29.88 million or an average price of SAR 21.71 per share, according to a bourse filing.
On 20 December, Saudi Amiantit said around 10.623 million shares from the new offered shares have been subscribed at a value of SAR 106.2 million.
