Al Moammar’s 50%-owned subsidiary appoints financial advisor for direct listing on Nomu
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Logo of Al Moammar Information Systems Co.
Al Moammar Information Systems Co. (MIS) announced that its 50%-owned subsidiary, Edarat Communications and Information Technology Co., appointed FALCOM Financial Services as a financial advisor to start direct registration and listing on the Nomu Parallel Market.
There is no financial impact presently, the company said in a bourse filing, adding that it will announce any material developments in this regard in a timely manner.
According to data compiled by Argaam, MIS announced in October 2020 the intention of the board of directors of Edarat Communications and Information Technology Co. to start taking the necessary measures to list the company on the Nomu Parallel Market.