10 Hrs
Source:
معلومات مباشر
Source: معلومات مباشر
10 Hrsمعلومات مباشر
Source: معلومات مباشر
10 HrsReady to play
Ready to play
The Board of the Saudi Capital Market Authority has approved regulatory provisions to improve initial public offerings, effective from the date of publication. The provisions strengthen the underwriter’s responsibility, including a commitment to purchase all shares in the offering once bookbuilding begins. They also require verification that participation orders are backed by actual liquidity and are paid by the subscription deadline. In addition, issuers must disclose their forward-looking financial performance expectations, the assumptions underlying them, and the associated risks. Financial advisers are called on to exercise the necessary professional due care, with the aim of enhancing transparency and the efficiency of offerings.
Notice: This Is an AI-Generated Summary
Comments (0)