FAP, May 25-Saudi Arabia's largest IPO so far in 2023: generic drug maker Jamjoom Pharmaceuticals Factory Co. The offering price is set at 60 rials per share, which is in the guidance range of 56-60 rials per share.

FAP, May 25-Saudi Arabia's largest IPO so far in 2023: generic drug maker Jamjoom Pharmaceuticals Factory Co. Pricing the shares at 60 rials per share, at the top of the price range (56-60 rials), will raise 1.26 billion rials ($336 million) by issuing 21 million shares.