Mohammed Hasan Al Naqool Sons to debut on Nomu on June 2

31/05/2021 Argaam

Logo of Mohammed Hasan Al Naqool Sons

Saudi Tadawul Group announced that the shares of Mohammed Hasan Al Naqool Sons Co. Ltd. will be directly listed and traded on Nomu Parallel Market, from June 2, 2021, with the symbol 9514 and ISIN Code SA158GAKKL15.

 

Daily price fluctuation limits will be set at +/- 30% while static price fluctuation limits will be +/- 10%.

 

In December 2020, the company received the approval of the Capital Market Authority (CMA) to register shares for direct listing in the parallel market, according to data compiled by Argaam.

 

The company published the registration form of its direct listing on Nomu on April 27, 2021, and set the price guidance at SAR 21 per share.

 

The company is active in the manufacturing of cement blocks and ready-mix concrete, with a capital of SAR 29 million, divided into 2.9 million shares.

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