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Business, Uncategorized

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

APICO to list on Nomu

Established in 1996, APICO serves customers across different sectors. (APICO)
By TRENDS Desk
September 19, 2022 10:52 am
  • According to a bourse filing, the offering coverage was 15.43x of the total shares offered during the subscription period
  • Yaqeen Capital, the financial adviser and lead manager, will finalize the required procedures with the Saudi Stock Exchange and will determine the date for listing of the shares

Riyadh, Saudi Arabia—Arabian Plastic industrial Co. will offer 1 million shares, or 20 percent of its valuation, through an initial public offering at $7.19 per share.

According to a bourse filing, the offering coverage was 15.43x of the total shares offered during the subscription period.

Yaqeen Capital, the financial adviser and lead manager, will finalize the required procedures with the Saudi Stock Exchange and will determine the date for listing of the shares of APICO on the parallel market, Nomu.

Established in 1996, APICO serves customers across different sectors, including but not limited to Almarai Co., flynas, TotalEnergies, and Nahdi Medical Co.

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