Latest news with #NomuMarket
Argaam
2 days ago
- Business
- Argaam
Signworld issues prospectus to float 1.5M shares on Nomu
National Signage Industrial Co. (Signworld) issued today, July 27, the prospectus to float 1.5 million shares, or 20% of capital, on the Nomu -Parallel Market. The company will offer 1.5 million shares, equal to 25% of pre-offering and 20% of post-offering capital, to qualified investors. For More IPOs The share sale will run from Aug. 17-24. The Capital Market Authority (CMA) approved, in March, the company's application for direct listing on Nomu. Signworld's core business involves the design, manufacturing, and assembly of electronic panels and displays for various applications, in addition to installation and maintenance services. It operates through three branches. Company Profile Company National Signage Industrial Co. (Signworld) Core Activities Manufacturing and sale of feed products Market Nomu-Parallel Market Pre-IPO Capital SAR 60mln Number of Shares 6 mln Post-IPO Capital SAR 75 mln New Number of Shares 7.5 mln Nominal Value SAR 10 a share IPO Summary Issue Percentage 20% of post-IPO capital, 25% of pre-IPO capital Offered Shares SAR 1.5 mln IPO Minimum Limit 10 shares IPO Maximum Limit 374,990 shares Offer Period Aug. 17-24, 2025 Final Allocation Aug. 27, 2025 Surplus Refund (If any) Aug. 31, 2025 Company Shareholders Shareholders Before IPO After IPO Number of Shares (mln) Ownership (%) Number of Shares (mln) Ownership (%) Al Mohandes Holding Group 6.00 100.00 % 6.00 80% Qualified investors -- -- 1.50 20% Total 6.00 100 % 7.50 100%
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.
