Arqaam Capital will act as joint bookrunner on the intention of Saad Holding Company (CGS Group) to list on the Main Market of the Saudi Exchange (Tadawul)

Consolidated Grünenfelder Saady Holding Company (CGS), which provides refrigeration and cold chain solutions, plans to launch an IPO of 30% of its share capital.

The shares will be listed on the Main Market of the Saudi Exchange (Tadawul) following the IPO.

A total of 30 million shares will be offered, with 20% allocated to individual investors.

The final offer price will be determined at the end of the book-building process, scheduled between 5 and 11 November 2025.

CGS has appointed Arqaam Capital as joint bookrunner.

Read More: https://ipo.cgs.com.sa/en