Tuesday, June 09, 2009

SIIG to offer 50% in subsidiary by IPO

Saudi Industrial Investment group (SIIG) plans to launch an initial public offering (IPO) from July 18-24 for 50% of its subsidiary Saudi National Petrochemical Company (Petrochem). 50% of the companyy will represent 240 mln sharesoffered at US$2.

For more details on SIIG to offer 50% in subsidiary by IPO click here

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