Raoom hires Wasatah as financial advisor for Nomu IPO

14/06/2017 Argaam

Raoom Trading Co. has hired Wasatah Capital as financial advisor for its planned initial public offering (IPO) on the Nomu Parallel Market, Wasatah said in a statement.

 

Raoom was established in 1988 as Raoom Trading Corp with SAR 4 million in capital. It was converted into a limited liability company in 2014, then into a closed joint stock company with SAR 115 million in capital.

 

The Qassim-based Raoom is a major importer and distributor of glass, polycarbonate and acrylic inside and outside the Kingdom.

Comments {{getCommentCount()}}

Be the first to comment

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.