Shalfa gets CMA nod to float 630,000 shares on Nomu

10/06/2024 Argaam
Logo ofShalfa Facilities Management Co.

Logo of Shalfa Facilities Management Co.


Shalfa Facilities Management Co. obtained today, June 10, the Capital Market Authority's (CMA) approval to register and offer 630,000 shares, representing 15% of its share capital on the Nomu-Parallel Market.

 

The offer will be confined to qualified investors stipulated in the glossary of defined terms used in the regulations and rules of the capital market authority, according to the CMA website.

 

The prospectus will be published within sufficient time prior to the start of the offering.

 

For More IPOs

 

The approval will be valid for six months from the CMA resolution date. It will be deemed cancelled if the offering and listing of the company's shares are not completed within this period.

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