The milling company said big investors placed orders worth SAR68.8bn, almost 69 times more than was available to them
The company plans to use the net proceeds from the share sale to strengthen its capital base to support future growth
The company secured approval from the Saudi Capital Market Authority to offer 21,000,000 shares, representing 30 per cent of its issued share capital
The index will track the performance of companies listed as Shariah-compliant on the Saudi stock exchange
The new contracts mark the second derivatives product to be introduced in the exchange