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05 Jan
07:39

Saudi’s East Pipes gears up for IPO

Saudi Arabia-based East Pipes Integrated Company is preparing for its initial public offering, according to an announcement from its financial advisor SNB Capital seen by Kallanish. SNB says in a filing to the Saudi Stock Exchange (Tadawul) that the latter has approved the pipemaker’s application for the listing of shares on the main market. The Capital Market Authority (CMA) meanwhile approved the company’s application for the IPO of 6,300,0…
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