Riyadh - Mubasher: Advance International Communication and Information Technology (ACITEC) has set the final price for the potential offering on the Parallel Market 'Nomu' at SAR 110 per share.
Falcom Financial Services, the financial advisor and lead manager on the potential offering, announced the completion of the book-building process for the qualified investors of ACITEC with 19.8 times oversubscription, according to a bourse filing on Monday.
Falcom will set the date of the listing of ACITEC's shares on Nomu after completing the required procedures with the Saudi Stock Exchange (Tadawul).
Source: Mubasher
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