Riyadh – Mubasher: The Capital Market Authority (CMA) on Monday announced the offering of 12.9 million shares, representing 30% of L’azurde Jewellery’s capital for public subscription.
The initial public offering (IPO) will begin on 5 June and end on 13 June, the CMA said in a statement, adding that a portion of the shares will be allocated to institutional investors.
The company’s prospectus will be announce before the IPO, the CMA noted.
