Almunajem's IPO Said to Draw Demand for All Shares on Sale.

Keywords: 1922409DAB; 3344642ZAB; ACWA@AB; BINDAWOOAB; STC@AB; SULAIMANAB; ALLTOP; BUSINESS; COS; FIN; GLOBALMACR; INDUSTRIES; MARKETS; MIDEAST; SAUDI; STK; STKTOP; TOP; WORLD EN 1922409DAB 3344642ZAB ACWA@AB BINDAWOOAB STC@AB SULAIMANAB ALLTOP BUSINESS COS FIN GLOBALMACR INDUSTRIES MARKETS MIDEAST SAUDI STK STKTOP TOP WORLD Almunajem Foods Co., one of Saudi Arabia's largest private food companies, has demand for all the shares for sale in its initial public offering that's seeking to raise as much as $288 million, according to people familiar with the matter. Within hours of opening the order book, the IPO had enough investor demand to cover all the shares on offer throughout the price range, the people said, declining to be named as the information is private. [Extracted from the article]