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Saudi regulator approves six IPOs over June-Oct

Posted on 08 June 2009

From Reuters: Saudi Arabia’s stock market regulator said on Sunday it had approved six initial public offerings (IPOs) for the period until October, the first of which will be for Saudi Steel Pipes Co (SSP) this month.

The IPOs will be the first since April when four insurance companies raised 260 million riyals…….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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