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Mohammed Jamjoom is an international correspondent for CNN based in Beirut. Jamjoom began his career at CNN as a freelance reporter and producer while he was living in Saudi Arabia in late 2006.
The final price has been set at 60 riyals a share, implying a market cap of 4.2b riyals Jamjoom is offering 30 ... which resulted in an institutional order book that was over-subscribed by 67.2 ...
The order books for the IPO are covered throughout the price range and demand exceeds the full deal size, according to terms seen by Bloomberg. Jamjoom Pharma's IPO will be the largest in the ...
The owners of Jamjoom Pharma are seeking to raise as much as 1.26 billion riyals ($336 million) in the IPO, with the price range for 21 million shares set at 56 riyals to 60 riyals apiece, according ...