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SMASCO’s CEO Makes Significant Statements on Arab News

SMASCO’s CEO Makes Significant Statements on Arab News

Speaking to Arab News, Abdullah Al-Timyat, CEO of Saudi Manpower Solutions Company, SMASCO, stated that the company’s capital-light model, backed by no debt and robust cash management, positions it for agile expansion. “We have zero debt and funding. We have strong...

SMASCO IPO: Reuters Report & Arabian Financial Press Coverage

SMASCO IPO: Reuters Report & Arabian Financial Press Coverage

On Wednesday, May 8, Reuters reported, “Saudi Arabian staffing company SMASCO aims to raise as much as 900 million riyals ($239.99 million) in its initial public offering on Riyadh's main bourse, it said on Wednesday” About Reuters report and the coverage that Arabian...

SMASCO’s Final Offering Price Is Announced: SAR 7.5 Per Share

SMASCO’s Final Offering Price Is Announced: SAR 7.5 Per Share

We at SMASCO, the Saudi Company for Manpower Solutions, are pleased to announce the completion of the book building process for investing companies and the determination of the final IPO in the main Saudi market, to be SAR 7.5 per share.  The coverage rate was...

Announcing the IPO Date for Both Investors and Individuals

Announcing the IPO Date for Both Investors and Individuals

SMASCO, the Saudi Manpower Solutions Company, is pleased to announce the date of its Initial Public Offering (IPO) for investors from Wednesday, May 8, 2024, to Tuesday, May 14, 2024. And for individuals, from Sunday, May 26, 2024, to Monday, May 27, 2024. The company...

Big 5 Construct Saudi: Equipment, Material, Heads, and Hands

Big 5 Construct Saudi: Equipment, Material, Heads, and Hands

In April 2018, SMASCO started supplying construction workers to Baytur, the Saudi Arabian company specializing in high-quality constructions. Since then, Baytur’s workforce has increased to 800% of productive and effective construction workers and professionals....