Tibbiyah shares debut on Nomu today

Logo of Arabian International Healthcare Holding Co. (Tibbiyah)

Shares of Arabian International Healthcare Holding Co. (Tibbiyah) will begin trading on Nomu Parallel Market today, March 3, with the symbol 9530 and ISIN Code SA15H194KT19.

The stock will have +/- 30% daily price fluctuation limits and +/- 10% static price fluctuation limits.

The company offered 5 million shares, or 25% of capital for subscription, at SAR 82 each.

This is the ninth listing on Nomu Parallel Market in 2022, after the listing of Al-Jouf Mineral Water Bottling Co. and Saudi Azm in March; Alwasail Industrial Co., Jahez International Company for Information Systems Technology, AME Medical Supplies and AICTEC in January; and Gas Arabian Services, Raoom Trading Co., Obeikan Glass and Saudi Parts Center in February.

These include four direct listings and seven through offering to qualified investors.

Company Info:

Tibbiyah was established as a limited liability company in 2013. Headquartered in Riyadh, Tibbiyah converted into a closed shareholding company in 2021, with its capital currently standing at SAR 200 million.

It provides integrated medical solutions to healthcare services providers in the Saudi health sector through its subsidiaries.

The company's activities include providing integrated medical solutions, including equipment, devices and machines, as well as the design and implementation of health projects, including the provision of integrated medical solutions.

The company provides support services, medical programs, operation, maintenance and guarantee.

The company has four subsidiaries, namely Al Faisaliah Medical Systems, Lawazem International Medical, Healthcare Development International and Healthcare Technology.

Al Faisaliah Medical Systems has two affiliates: Al Faisaliah Medical Systems- UAE and Philips Healthcare Saudi Arabia Ltd