Retail subscription to 4.98M Fakeeh Care shares starts on TASI today

Retail investors start today, May 21, subscribing to about 4.98 million shares of Dr. Soliman Abdulkader Fakeeh Hospital Co. (Fakeeh Care Group) at SAR 57.50 each, as set in the book-building process.

The subscription process for the retail tranche will run for two days until May 22. 

The Capital Market Authority (CMA) approved in March 2024 the company's request to float 49.8 million shares in an initial public offering (IPO), representing 21.47% of the company’s total shares after the offering.