SPPC close to IPO

Saudi Arabia: Saturday, May 19 - 2007 at 08:38

The Saudi Printing and Packaging Company, a subsidiary of the Saudi Research and Marketing Group, has moved closer to launching its 30% initial public offering, reported Arab News. The returns from the IPO will be used to strengthen the group's position at both a local and regional level, possibly through undertaking new investment projects. The Samba Financial Group has been appointed as the financial consultant and manager.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Saturday, May 19 - 2007 at 08:38 UAE local time (GMT+4)

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This Article was updated on Saturday, May 26 - 2007
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