Al-Yamamah University students discussed a live case study from the stock market, following the announcement by Al-Rajhi Financial and Morgan Stanley Saudi Arabia regarding the price range determination and the commencement of building the order book for the institutional tranche of Mutlaq Al-Ghuwairi Contracting Company. The offering consists of issuing 240 million shares (representing 30% of the capital) at a price range between 11 and 12.5 riyals, with a flexible allocation mechanism starting at 100% for institutions and reducing to 70% (equivalent to 168 million shares) upon individual interest, during the period from May 31 to June 4, 2026.

This information opened the door for analysis among the students to dissect the offering's axes; most notably the fairness of the targeted valuation of 10 billion riyals as the largest offering in the market recently after