GASCO says CMA approves direct listing of 35%-owned investee firm

01/04/2021 Argaam

Logo of National Gas and Industrialization Co.


National Gas and Industrialization Co. (GASCOannounced today, April 1, 2021, that the Capital Market Authority (CMA) approved the direct listing of an investee firm, Natural Gas Distribution Co., on Nomu Parallel Market.

 

The company owns 35% of Natural Gas Distribution Co.’s capital, according to a bourse filing.

 

The CMA approved the request of Natural Gas Distribution Co. to register shares for a direct listing on Nomu, Argaam reported.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.