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Zawya
10-04-2025
- Business
- Zawya
Saudi's CMA invites comments on draft rules for offering and listing share classes
Riyadh: The Capital Market Authority (CMA) called upon all relevant and interested parties participating in the capital market to share their views on the Draft Regulatory Framework for the Offering and Listing of Different Classes of Shares, during a 30-calendar-day consultation period ending on 11/11/1446H, corresponding to May 9, 2025. The proposed draft aims to develop the regulatory framework, including enhanced disclosure requirements for all types and classes of shares. It also includes regulations related to redeemable shares and disclosures concerning the conversion of shares from one type or class to another. These enhancements are intended to facilitate financing for such companies through the capital market, help meet the funding needs of companies and the economy, and offer a broader range of investment options for investors. The CMA emphasized that comments submitted by individuals, government entities, the private sector, and entities under the CMA's supervision will be carefully considered as part of the process to approve the final version of the draft. This will support the goal of improving and developing the regulatory environment. The draft and the feedback submission form can be accessed through the following link:
Leaders
09-04-2025
- Business
- Leaders
CMA Launches Public Consultation on New Investment Product for Parallel Market
The Capital Market Authority (CMA) has invited stakeholders and interested parties in the capital market to provide feedback on a proposed new investment product for the Parallel Market: Special Purpose Acquisition Companies (SPACs). This initiative aims to enhance market liquidity by increasing the number of listings. The public consultation will remain open for 30 calendar days, concluding on 10/11/1446H (08/05/2025). In its press release, the CMA stated that the draft proposal seeks to encourage private sector companies to go public via SPACs, helping to meet financing demands and deepen the capital market through a broader range of investment options. The CMA stressed that all feedback will be carefully considered in finalizing the proposed amendments, which are intended to support the continued development of a robust and dynamic regulatory framework. To share your comments, visit: Related Topics: Saudi CMA Eases Nomu Investment Rules to Boost Market CMA Seeks Public Feedback on Proposed Changes to Investor Categories in Parallel Market Saudi Arabia's Life Expectancy Hikes to 78.8 Years in 2024 Saudi Arabia Allows Foreign Investment Mecca, Medina's Real Estate Companies Short link : Post Views: 11 Related Stories
