In its capacity as Modern Mills Company's ("MMC" or the "Company") sole financial advisor, global coordinator, joint bookrunner, underwriter, and lead manager, HSBC Saudi Arabia announces the company's intention to move forward with the IPO and listing of its common shares ("Shares") on the Main Market of the Saudi Exchange. The offering is anticipated to consist of the sale of existing shares, representing thirty percent of the Company's share capital.
- Ahmed Saleh