Saudi market regulator approves 70.3 million shares as this year's IPO tsunami continues
RIYADH: Saudi Arabia is still seeing a tsunami of initial public offerings with yesterday's latest round of approvals for companies to sell shares to the public. The Capital Market Authority approved on Wednesday the offering of 70.3 million shares, the market regulator revealed. The approvals were led by Public Investment Fund's fully owned Elm Co. that got the OK to sell 24
Source: arabnews.com
