Saudi fast food chain franchiser Alamar to list on main market
Alamar Foods Co. has received regulatory approval from the
Capital Market Authority to proceed with an initial public offering for its 42
percent stake on Saudi Arabia’s stock exchange.
According to a bourse filing, the company plans to offer
10.63 million ordinary shares. The price at which all subscribers will purchase
the shares will be determined following the book-building period.
.jpg)
