National Medical Care will embark on an initial public offering in the new year, Saudi Arabia's markets regulator said on Sunday.
The company, whose services range from hospital operations to medical supplies, will sell 30 per cent of its shares to individual and institutional investors and list on the Tadawul exchange.
The offering will commence on February 4 and complete on February 10, once the book-building process is complete, the regulator said in a statement posted on the bourse website. The regulator did not provide a listing date.
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