Latest news with #Nomu
Argaam
2 days ago
- Business
- Argaam
Tadawul announces amended tick size regime
The Saudi Exchange (Tadawul) announced amendments to its minimal incremental price movement bands of traded securities on an order book (tick size bands) for the Main Market (TASI) and the Nomu-Parallel Market, excluding debt instruments. These changes, slated to come into effect as of June 29, further align Tadawul with best global practices, according to a statement. The new tick size regime introduces thinner price spreads. This is besides an additional band for securities priced at SAR 500 and above in order to maintain a sound minimum price variation. Earlier today, June 26, Tadawul canceled all outstanding orders after today's market close, ahead of the announcement of the amended tick size scales.
Argaam
2 days ago
- Business
- Argaam
Tadawul cancels outstanding orders amid tick size changes
The Saudi Exchange (Tadawul) canceled today, June 26, all outstanding orders after market close to prepare for upcoming changes to price tick size bands on the Main Market (TASI) and Nomu-Parallel Market.
Zawya
3 days ago
- Business
- Zawya
CMA approves Nomu listing of 2 Saudi firms
Riyadh: The Capital Market Authority (CMA) approved, on 23 June 2025, the registration and share offerings of two companies on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). Jamjoom Fashion Trading Company will list 2.38 million shares, accounting for 30% of its share capital. Alwazn Almithali for Trading Company will float 451,500 shares, representing 15% of its share capital. On 18 June, the CMA greenlighted the Nomu listing of Quality Education Company, Zahr Al Khuzama Aluminum Company, and Sahat Almajd Company Trading.
Argaam
5 days ago
- Business
- Argaam
CMA approves Jamjoom Fashion 2.4M-share IPO on Nomu
The Capital Market Authority (CMA) approved the application of Jamjoom Fashion Co. to register and float 2.38 million shares on the Nomu -Parallel Market in a public offering. The offer shares represent 30% of the company's capital. The offer will be confined to qualified investors stipulated in the glossary of defined terms used in the CMA regulations and rules. The prospectus will be published within sufficient time prior to the start of the offering. The CMA confirmed that its approval is valid for six months and will be void if the share offering and listing are not completed within this period.
Argaam
5 days ago
- Business
- Argaam
Perfect Weight gets CMA nod for 15% stake sale on Nomu
The Capital Market Authority (CMA) approved today, June 23, the application submitted by Perfect Weight Trading Co. to register and offer about 451,500 shares, on the Nomu -Parallel Market. The stake represents 15% of the company's total share capital, the market regulator said in a statement. The offer will be only for qualified investors as defined in the list of terms used in the regulations and rules of the CMA. The prospectus will be published well in advance of the offering's start date. The CMA's approval is valid for six months from the date of the resolution. It will be deemed cancelled if the offering and listing of the company's shares are not completed within this period. Perfect Weight is specialized in diet plans, natural products and sports nutrition supplements. It has more than 120 stores in the Kingdom, according to the company's website.
