CMA approves Future Care’s registration for direct listing on Nomu

07/06/2022 Argaam

Logo of Future Care Trading Co.

Saudi Arabia’s Capital Market Authority (CMA) approved today, June 7, the application of Future Care Trading 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.

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