Omefco surplus offering reissued

Today, Thursday, the process of re-allocating the surplus shares from the initial public offering of OMFICO began after the final allocation results were approved by the Oman Financial Services Authority. The total subscription requests amounted to approximately 4.69 billion Omani riyals, with a coverage ratio of 3.909 times for individual investors and 27.4 times for institutions. A significant portion of the shares was allocated to each category, with the offering price set at 156 baisa per share. The offering received strong interest, covering about 1.67 billion shares with a total value exceeding 4.284 billion Omani riyals.

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