Money and business

2.8 billion dollars the outcome of the offering of 6 companies in the Saudi market within 6 months


Saudi stock markets continued his upward coordination this year, as 6 combined companies collected $ 2.8 billion through The proposals in the first public during the first half of 2025.
SMC

collected a company "SMC Healthcare"And based in Riyadh, 500 million dollars from its first offering in " Trading Saudi Arabia"Highlighting the increasing interest in the shares of the health care sector and the participation of the private sector in the Kingdom. The company made 75 million shares at a price of $ 6.7 (25 riyals) per share. The shares of the offering represented 30% of the capital. The offering, which was priced at $ 8 (30 riyals) per share, received great attention from both individual and institution "UCIC" 160 million dollars from its first year offering, with 12 million shares at $ 13.3 (50 riyals) per share, which represents 30% of its capital. With the increasing demand for corrugated packaging, the company stands out as a major player in the industrial supply chain in Saudi Arabia." target ="_Blank"> A general offering preliminary at a price of $ 13.3 (50 riyals) per share in February 2025.
and the initial public offering received remarkable attention in light of the Kingdom’s continued priority to the production of local food and industrial agricultural development within the framework of Vision 2030.

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