CMA approves Rawasi Albina registration for direct listing on Nomu

15/06/2022 Argaam

Tadawul trading screen 

Saudi Arabia’s Capital Market Authority (CMA) approved today, June 15, the application of Rawasi Albina Investment Co. to register its shares for direct listing on Nomu-Parallel Market.

 

Trading these shares will be limited to qualified investors, the market regulator said in a statement.

 

Prospective qualified investors should conduct their own due diligence on the information disclosed in the registration document.

 

Application approval will be valid for six months from the CMA’s board resolution date. The approval will be deemed cancelled if the target listing is not completed within this period, according to the statement.

 

  For more IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Most Read