The Capital Market Authority approves the Initial Public Offering of Saudi Airlines Catering Company

The CMA Board has issued its resolution approving Saudi Airlines Catering Company’s initial public offering of (24,600,000) shares (30%) of the Company’s total outstanding shares. Portion of the offered shares will be allocated to institutional investors. The Company's shares will be offered during the period from 28/07/1433H to 04/08/1433H, which corresponds to the period from 18/06/2012G to 24/06/2012G, once the book-building process is complete.

 

The Company's prospectus will be posted to the public prior to the subscription period by a sufficient time. The prospectus includes all relevant information that investors need to know before making an investment decision, including the share price, Company's financial statements, activities and management.