Press Releases

IPO of a Saudi premier industrial hub starts on 5 July 2007

Riyadh, Saudi Arabia, 29 June 08: Ma'aden signed Sunday 25/6/1429 (29/9/2008), at its Head Office in Riyadh, an Agreement with Sambacapital to act as its IPO Manager and Lead Underwriter for th ...

Riyadh, Saudi Arabia, 29 June 08: The Saudi Arabian Mining Company (Ma'aden) has appointed JPMorgan as Financial Advisor and Sole Bookrunner in relation to its initial public offering (IPO).

Ma'aden President and CEO, Dr Dabbagh said, “Our decision to appoint JPMorgan is based ...

RIYADH, 21 June 2008: The Saudi Arabian Mining Company, Ma'aden, has announced its intention to sell 50% of its shares, comprising 462,500,000 shares, via an initial public offering (IPO) at the beginning of July 2008. The price of SR20 per share, made up of SR10 as nominal value ...