HSBC Saudi Arabia Announces the final Price for the initial public offering of Dr. Soliman Abdel Kader Fakeeh Hospital Company
HSBC Saudi Arabia in its capacity as Sole Financial Advisor, Joint Bookrunner, Underwriter and Lead Manager on the potential initial public offering of Dr. Soliman Abdel Kader Fakeeh Hospital Company (“Fakeeh Care Group” or the “Company”) announces on behalf of the Company the successful completion of the book-building process for the Participating Parties tranche and the setting of the final offer price as SAR (57.5) per share with a coverage of 119x of the total offer shares.
The Individual Investors tranche subscription process will commence on Tuesday, 21st May and ends on Wednesday 22nd May 11:59PM. A maximum of (4,980,000) offer shares, representing 10% of the total offer shares, will be allocated to Individual Investors.
For more information, please visit the Capital Market Authority website (www.cma.org.sa) and the Company’s website (www.fakeeh.care) for the prospectus.
Date: 28 May 2024