Saudi Arabian real estate financing firm Amlak International has set the price range for its planned initial public offering (IPO) at between 15 riyals ($4.00) and 17 riyals, it said in a statement on Sunday. The bookbuilding for the offered shares will start on Monday and will last until June 29, it said. The company is planning to float 30% of its shares in Riyadh, in what will be the exchange's first IPO since the coronavirus crisis.
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