Naas Petrol fulfills liquidity requirements to list on Nomu

11/09/2024 Argaam
Logo ofNaas Petrol Factory Co.

Logo of Naas Petrol Factory Co.


Naas Petrol Factory Co. (Naas Petrol) satisfied the liquidity requirements to list shares on the Nomu-Parallel Market.
 
 

In a statement to Tadawul, Naas Petrol said its liquidity provider, Yaqeen Capital, has entirely sold the shares required to satisfy the said requirements to qualified investors on Nomu.

 

Naas Petrol started trading on Nomu on Aug. 28, after a direct listing of its shares at SAR 49 each. The company’s capital stands at SAR 30 million, at a nominal value of SAR 10 per share.

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