Waleed bin Ibrahim Al Ibrahim, Chairman, MBC GROUP
MBC GROUP has listed its shares on the Main Market of the Saudi Exchange following the successful completion of its Initial Public Offering of shares (IPO). The Company is now trading under the ticker symbol, MBC Group.
The offering comprised a primary offering of 33,250,000 new ordinary shares (offer shares), representing 10 per cent of the company’s share capital (following the issuance of the offer shares and increase of the company’s share capital).
90 per cent of the Offer Shares were allotted to institutional investors and the remaining 10% to individual i
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