Edaa adds Service Equipment’s subscribed securities into eligible accounts

30/04/2025 Argaam

Edaa adds Service Equipment’s subscribed securities into eligible accounts

Logo of Service Equipment Co.

The Securities Depository Center Co. (Edaa) said Service Equipment Co.’s subscribed securities were deposited today, April 30, into the accounts of eligible shareholders.

 

For More IPOs

 

According to Argaam data, the company earlier floated 720,000 shares on Nomu at SAR 84 apiece. The offering was 147.02% subscribed.

 

The offered shares represented 30% of Service Equipment’s SAR 24 million capital (divided into 2.4 million shares), at a nominal value of SAR 10 apiece.

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