CMA nods to Hedab Alkhaleej Trading’s 800,000 share offering on Nomu

30/09/2024 Argaam
Logo of Hedab Alkhaleej Trading

Logo of Hedab Alkhaleej Trading

The Capital Market Authority (CMA) approved Hedab Alkhaleej Trading Co.'s application to register and float 800,000 shares, or 10.67% of its capital, on the Nomu-Parallel Market.
The offering will be confined to qualified investors, and the prospectus will be published within the stipulated period prior to the offering, the market regulator said in a statement today, Sept. 30.

 

For More IPOs

 

The CMA’s approval is valid for six months and will be cancelled if the offering and listing are not finalized within this period.

 

Established in 2003, the company operates in selling ceramics, porcelain and marble in Saudi Arabia. It has several branches in Jeddah, Riyadh, Qassim and Hail.

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.