The Market Authority approves the offer of the shares of “Arabian Gas” and “Al-Jouf Water” in “Nomu”

Today, Wednesday, the Saudi Market Authority announced the approval of the listing and offer of 3 companies in the Nomu market.

The authority stated in a statement that it approved the Arab Gas Services Company’s request to register and offer 790,000 shares, representing 5% of its shares in the parallel market. The offer will be limited to categories of eligible investors as set out in the list of terms used in the regulations and rules of the Capital Market Authority.

In another statement, the authority said it approved Al-Jawf Health Water Factory Company’s request to register and offer 625,000 shares, representing 20% ​​of its shares, in the parallel market. The Offer will also be limited to the categories of eligible investors as indicated in the Glossary of terms used in the Rules and Regulations of the Capital Market Authority.

And he explained in a third declaration of having accepted Obeikan Glass’s request to register its shares for the purpose of direct listing on the parallel market. Trading in such shares will be limited to the categories of eligible investors set out in the list of terms used in the regulations and rules of the Capital Market Authority.

Read More About: Business News

Follow AsumeTech on

More From Category

More Stories Today

Leave a Reply