Fad International to debut on Nomu on Nov. 28

26/11/2023 Argaam
Logo of Fad International Co.

Logo of Fad International Co.

The Saudi Exchange (Tadawul) announced that shares of Fad International Co. will be listed and start trading on the Nomu-Parallel Market as of Nov. 28 with the trading symbol 9589 and ISIN Code SA15THA4LQH2.

 

The stock will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively, the company said in a statement to Tadawul today, Nov. 26.

 

In a separate statement, the Securities Depository Center Co. (Edaa) announced the addition of subscribed shares into the accounts of Fad International's eligible shareholders today.

 

According to data available on Argaam, Fad International floated 240,000 shares, representing 20% of its share capital, on Nomu at SAR 84 per share, in an offering that was 922.55% covered.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.