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Saudi Arabia’s Capital Market Authority (CMA) approved the application of AME Company's for Medical Supplies to register its shares for direct listing in the Parallel Market (Nomu).
Trading these shares will be limited to qualified investors, the market regulator said in a statement, the market regulator said in a statement.
Prospective qualified investors should conduct their own due diligence on the information disclosed in the registration document.
The CMA's approval on the application should never be considered as a recommendation to invest in the shares of the company.
The approval on the application will be valid for six months from the CMA Board resolution date, according to a statement.
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