We are pleased to announce the strong demand from investors for the initial public offering of our company, which embodies the confidence in the company, and our pivotal role in supporting and developing the healthcare system in the Eastern Province of the Kingdom of Saudi Arabia.
The initial public offering of our company attracted a large demand from investors, as the volume of demand from the institutional category reached approximately 173 billion Saudi riyals, exceeding the target subscription value by 103 times. The volume of demand from the individual investor category reached approximately 1.4 billion Saudi riyals, exceeding the target subscription value by more than 408%.
We are committed to providing high-quality health care services in the Kingdom and look forward to listing the companyβs shares on the Saudi Tadawul market soon.
