February 27, 2020 / 11:23 AM / a month ago

BRIEF-Saudi's Dr Sulaiman Al-Habib Medical Group Offers 15% in IPO for $700 Mln

Feb 27 (Reuters) - DR SULAIMAN AL-HABIB MEDICAL SERVICES GROUP COMPANY:

* OFFERING 52.5 MLIION ORDINARY SHARES, REPRESENTING 15% OF SHARE CAPITAL THROUGH INITIAL PUBLIC OFFERING

* OFFER PRICE 50 RIYALS PER SHARES

* TOTAL VALUE OF OFFER SHARES 2.63 BILLION RIYALS($700.94 MILLION)

* OFFERING PERIOD SEVEN DAYS FROM FEB. 26 TO MARCH 03. Source:(bit.ly/2VqBcFL)

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