in gulfnews.com: Saudi Arabia’s stock market has closed 2024 on a high, going by the response the final offering has garnered. The retail subscription for AlMoosa Health pulled in 395,986 investors subscribing at SR127 a share – and generating a retail tranche oversubscription of a substantial 408.71%. The total retail demand came to SR1.4 billion. The retail tranche had 2.66 million shares, or 20% of the total offer size. This is the second IPO from a Saudi healthcare company this year. (The Dr. Soliman Abdel Kader Fakeeh Hospital Co. was the earlier one.)
