Alinma Bank is one of the receiving banks for the initial public offering of SEDCO Capital Multi Asset Traded Fund, for the period from 19/05/2024 and continuing until the end of 27/06/2024.
IPO channels at Alinma Bank:
- Alinma App
- Alinma Internet
- Alinma phone
- Alinma ATM
How to Subscribe through Alinma App:
- Login to your account
- Click on the "Menu" icon.
- Choose "Investment"
- Choose "IPO services"
- Choose “Current IPOs”
- Choose the IPO you wish to subscribe to.
- Agree to the terms and conditions by clicking on Agree
- Fill in the required data
- Click Next
- Press to subscribe
- Click Confirm
Key Information about IPO:
Fund Share Capital |
1,000,000,000 SAR |
Offering size |
Target: SAR 1,000,000,000 Minimum: SAR 300,000,000 |
Number of Shares |
100,000,000 Units (Maximum) 30,000,000 Units (Minimum |
Shares Price |
10.23 SAR (including the subscription fee and VAT) |
Minimum to Subscribe |
10 Units |
Maximum to subscribe |
100,000,000 Units |
Multiple |
1 |
Start Date (Day-Date) |
19-05-2024 |
End Date (Day-Date) |
27-06-2024 |
Backlog End Date |
01-07-2024 |
Date of Announcement of Allocated Shares |
04-07-2024 |
Refund to Subscribers |
07-07-2024 |
Receiving Agents |
7 RE |
Name of the issuance (Arabic) |
صندوق سدكو كابيتال متعدد الأصول المتداول |
Name of the issuance (English) |
SEDCO Capital Multi Asset Traded Fund |
Short Arabic Name |
صندوق سدكو كابيتال المتداول |
Short English Name |
SC Multi Asset Fund |
Time of opening (00:00 am/pm) |
8 AM |
Time of closing (00:00 am/pm) |
11:59 PM |