Riyadh–Mubasher: The initial public offering of Middle East Healthcare Company (MEAHCO) was 68.7% covered until the end of the sixth day, said Samba Capital, the subscription's financial advisor, lead manager, book-runner and underwriter.
A total of 223.3 investors subscribed to 5.69 million shares at a combined value of SAR 364.2 million.
Earlier, the healthcare services provider had allocated 30% or 8.28 million shares of the total offered shares reaching 27.6 million to retail investors.
The IPO will run until 9 March at SAR 64 per share.
