NMCC launches initial public offer

03/02/2013 09:19 AST

National Medical Care Co. (NMCC) has signed an agreement with Riyad Capital on Saturday to manage its initial public offering (IPO) of 13.5 million shares, representing 30.1 percent of the company's share capital.

NMCC services range from hospital operations to provision of medical supplies.

The company will float into circulation 6,750,000 (50 percent) of these shares to retail investors on Monday. The IPO, at SR27 per share, will run until Feb.10. The company has already offered another 6,750,000 shares for institutions and it was oversubscribed by more than five times, according to a press statement.


Saudi Gazette

News

National Medical Care Company Announces About Opening of the Phase One

03/11/2013

National Medical Care Company announces about the preparation for prospective opening of the phase one of National Hospital expansion project during the next week as a start of soft opening of hospit

Tadawul

Most Viewed Companies

Ticker Price Volume

Valuation

CARE Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
SULAIMANALHABIB 212.60 -2.00 (-0.94%)
MOUWASAT 64.65 -0.10 (-0.16%)
DALLAHHEALTH 106.60 -1.80 (-1.67%)
FAKEEHCARE 36.54 -0.02 (-0.06%)
CHEMICAL 8.50 0.01 (0.11%)

Recent News

Zain highlights digital readiness as key to Kuwait's capital market future

12/06/2026

Zain participated in a high-level roundtable discussion hosted by global media group The Business Year, in collaboration with the Kuwait Direct Investment Promotion Authority (KDIPA), under the title

Kuwait Times

Gulf Bank welcomes GUST students as they begin summer semester in person

12/06/2026

Gulf Bank welcomed students of Gulf University for Science and Technology (GUST) as they returned to campus for in-person classes at the start of the summer semester.

The Bank's team was pre

Kuwait Times

NBK warns against fake travel booking websites as holiday season approaches

12/06/2026

With higher travel rates during the summer season, National Bank of Kuwait warns its customers and the public against scams associated with fake travel and online booking sites, as part of its ongoin

Kuwait Times

2PointZero sells stake in TAQA to Abu Dhabi Power

12/06/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, today completed the sale of its full 7.29 percent stake in Abu Dhabi National Energy Company PJSC (TA

Trade Arabia

Emaar to unveil Dh200 billion Dubai masterplan for 150,000 residents

12/06/2026

Emaar Properties is preparing to unveil a Dh200 billion master-planned development in the heart of Dubai, in what the company says will be one of the largest urban districts it has ever conceived.

Gulfnews

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap