Latest news with #NomuMarket
Argaam
18-06-2025
- Business
- Argaam
CMA allows Sahat Almajd to float 4.3M shares on Nomu
The Capital Market Authority (CMA) approved today, June 18, the application submitted by Sahat Almajd Co. to register and offer about 4.38 million shares, on the Nomu-Parallel Market. The shares to be offered represent 11.11% of the company's total shares, CMA said in a statement.
Argaam
18-06-2025
- Business
- Argaam
Zahr Al Khuzama gets CMA nod for 20% stake sale on Nomu
The Capital Market Authority (CMA) approved today, June 18, the application submitted by Zahr Al Khuzama Aluminum Co. to register and offer about 300,000 shares, on the Nomu-Parallel Market. The stake represents 20% 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.
Argaam
15-06-2025
- Business
- Argaam
Time Entertainment's shares to debut on Nomu on June 17
The Saudi Exchange (Tadawul) announced that Time Entertainment Co. will start trading on the Nomu -Parallel Market as of June 17, with the symbol 9642 and ISIN Code SA16B184ML18. The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively, according to a Tadawul statement today, June 15. Separately, the Securities Depository Center Co. (Edaa) said Time Entertainment's subscribed securities were deposited today into the accounts of eligible shareholders. According to Argaam 's data, Time Entertainment's offered shares represented 20% of the company's SAR 10 million-share capital, divided into one million shares. The final IPO price was set at SAR 80 each in an offering that was 141.41% covered.
Argaam
12-06-2025
- Business
- Argaam
ASAS Makeen to make Nomu debut on June 16
ASAS Makeen Real Estate Development Co. 's shares will list and start trading on the Nomu-Parallel Market on June 16, with the symbol 9640 and ISIN Code SA16AH84MK14. The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively, the Saudi Exchange (Tadawul) said in a statement today, June 12. Separately, the Securities Depository Center Co. (Edaa) said ASAS Makeen's subscribed securities were deposited today into the accounts of eligible shareholders. According to data available with Argaam, ASAS Makeen floated one million shares on Nomu, at SAR 80 per share, in an offering that ran from May 19 to May 25. The offered shares represented 10% of the company's SAR 100 million share capital, divided into 10 million shares, at a SAR 10 par value. The offering was 1,949.5% oversubscribed.
Zawya
30-05-2025
- Business
- Zawya
Al Kuzama Trading to debut on Saudi's Nomu on June 2
Shares of Al Kuzama Trading Company will be listed on the Nomu-Parallel Market on June 2. The stock will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange said in a statement. This month, the company sold 422,400 shares on Nomu, representing 10.71% of its post-IPO capital, to qualified investors. The offering was 108.38% oversubscribed, with the price set at SAR 107 per share. The minimum and maximum subscriptions were fixed at 10 and 197,100 shares, respectively. (Editing by Seban Scaria
