Logo of Future Vision for Health Training Co.
Future Vision for Health Training Co. began trading on the Nomu-Parallel Market today, April 27, under the symbol 9632 and ISIN Code SA16A03KMG13, at SAR 7 apiece.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.
Future Vision earlier floated two million shares on Nomu. The offering was nearly 513.3% subscribed.
The offered shares represented 20% of the company’s post-IPO capital, amounting to SAR 10 million (divided into 10 million shares with a par value of SAR 1).
This is the eighth listing on Nomu in 2025, following Shmoh Almadi Co.'s debut on Jan. 13, ITMAM Consulting Co. on Jan. 23, Alshehili Co. for Metal Industries and Twareat Medical Care Co. on Jan. 29, Basma Adeem Medical Co. (Smile Care) on Feb. 3, Lamasat Co. on Feb. 9, Hedab Alkhaleej on March 5, and RATIO on March 9.
Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.
This listing brings the number of Nomu firms to 113, in addition to Alwaha REIT Fund.
Company Profile:
Future Vision was established in 2019 as a limited liability company in Madinah before transforming into a joint-stock company.
The company's activities focus on professional development, training, and education, offering certified training courses accredited by the Saudi Commission for Health Specialties and life support courses approved by the American Heart Association and the Saudi Heart Association. These courses are provided through the company's branches in Riyadh, Jeddah, and Madinah, as well as via live-stream through its website.
Company Profile |
|
Company |
Future Vision for Health Training Co. |
Market |
Nomu-Parallel Market |
Core Activities |
Vocational development, training and education |
Pre-IPO Capital |
SAR 8 mln |
Number of Shares |
8 mln |
Post-IPO Capital |
SAR 10 |
Number of Shares |
10 mln |
Nominal Value |
SAR 1 |
Shareholders |
||||
Shareholders |
Pre-IPO |
Post-IPO |
||
No. of Shares (‘000) |
Ownership |
No. of Shares (‘000) |
Ownership |
|
Wael A. Al-Awfi |
4196.86 |
52.46 % |
4196.86 |
41.97 % |
Naif A. Al-Harbi |
800.00 |
10.00 % |
800.00 |
8.00 % |
Sahmeen Investment Co. |
400.00 |
5.00% |
400.00 |
4.00 % |
60 shareholders owning less than 5% |
2603.14 |
32.54% |
2603.14 |
26.03% |
Qualified Investors |
-- |
-- |
2000.00 |
20.00 % |
Total |
8000.00 |
100 % |
10000.00 |
100 % |
Be the first to comment
Comments Analysis: