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Saudis hot on Yansab
- Saudi Arabia: Monday, December 26 - 2005 at 09:07
About 5m Saudis have bought shares in the $525m Yanbu National Petrochemicals initial public offering since it opened on 17 December, reported Gulf News. Almost 44% of subscriptions in a total 35% stake in the company have been taken up online. Yansab is an affiliate of Saudi Basic Industries Corporation.
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James McInerney, News EditorMonday, December 26 - 2005 at 09:07 UAE local time (GMT+4)
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