Riyadh-Mubasher: The initial public offering (IPO) of Al Andalus Property was 59.60% subscribed until the second day, said Riyad Capital, the issue's financial advisor, lead manager and underwriter.
A total of 157,951 investors bought 5 million shares out of the total offered shares reaching 8.4 million, at a total value of SAR 90.1 million.
The IPO will run until 23 December.
