Abdul Aziz Al-Tuwaijri issues prospectus to offer 600,000 shares on Nomu

Logo of Abdul Aziz Al-Tuwaijri Trading Co.

Abdul Aziz Al-Tuwaijri Trading Co. issued the prospectus to float 600,000 shares on Tadawul's Nomu-Parallel Market.
 

The Capital Market Authority (CMA), on March 29, gave the go-ahead for the company to register and offer 600,000 shares, or 13.04% of its share capital, on Nomu-Parallel Market, according to Argaam's data. 
 

The offer period will run from June 11-15, 2023 to qualified investors.
 

Established in February, 2007, the company operates with SAR 40 million capital, divided into 4 million shares.
 

The company's activities, according to its commercial register, include the wholesale sale of cosmetics, medical devices and supplies, soaps and detergents, online retail, medical devices and products stores, general commodity stores, dry food stores, and management and leasing of non-residential real estate.
 

The company's current actual activity, as stated in the prospectus, is the wholesale sale of foodstuff, hygiene items, personal care and medical supplies through the company-owned stores and warehouses, and the management and leasing of real estate.