Takhzeen Logistics, Public Warehousing get CMA nod for Nomu listing

Saudi Arabia’s Capital Market Authority (CMA) has approved Takhzeen Logistics Co.’s request to offer 2.08 million shares, or 35 percent of capital, on the Nomu parallel market, the CMA said in a statement.

The market regulator also approved the request of Public Warehousing Co. to offer 1.29 million shares, or 30 percent of capital, on Nomu.

The offers will be confined to qualified investors.

The CMA’s approval on the offers will be valid for six months from the regulator’s board meeting date.